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COLORADO SALES TEST STUDY GUIDE 2026 COMPLETE QUESTIONS AND SOLUTIONS

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COLORADO SALES TEST STUDY GUIDE 2026 COMPLETE QUESTIONS AND SOLUTIONS

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Colorado Sales
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Institution
Colorado Sales
Course
Colorado Sales

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Uploaded on
December 3, 2025
Number of pages
7
Written in
2025/2026
Type
Exam (elaborations)
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COLORADO SALES TEST STUDY GUIDE
2026 COMPLETE QUESTIONS AND
SOLUTIONS

⩥ The licenses of a new or used dealer, wholesale auction dealer, or
whole sales may be denied, suspended, revoked or fined for the
following: Answer: (D) All of the above


⩥ Colorado's Lemon Law covers: Answer: (C) defects that substantially
impair market vale of a vehicle


⩥ Local law enforcement agencies must be notified with thin four hours
after repossession of a motor vehicle occurs Answer: (B) False it's 1
hour


⩥ The Buyer guide, or "as is" sticker must be? Answer: (B) Provided by
another language than English if the transact is being conducted in
another language than English


⩥ The only items that can be added to an advertised price are Answer:
(A) dealers handling and preparation charges


⩥ Dealers must either be self-insured or have insurance for their
vehicles Answer: (A) true

, ⩥ Is it acceptable for a licensed dealer to place an advertisement using
only the name "ABC Enterprise"?. Answer: (B) False is has to say ABC
enterprise dealership


⩥ A dealer has how many days to deliver or facilitate delivery of title
from the date
of sale? Answer: (D) 30 days


⩥ According to Colorado law , motor vehicle leasing company do NOT
need a motor vehicle dealers license Answer: (B) False


⩥ Three of the following are required to be disclosed in an
advertisement when a dealer is advertising a close-end credit sale or a
motor vehicle or power sport vehicle with a down payment amount,
payment amount, number of payment, period of repayment or amount of
financing charge. Which one is NOT required? Answer: (C) amount of
percentage of the down payment


⩥ Three of the following are deceptive trade of practices. Which one of
the following is Not? Answer: (D) delivering goods as promised


⩥ Member of motor vehicle dealer board must Answer: (C) be a resident
of the state for at least 5 years
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