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Exam (elaborations)

State Of Colorado Sales License Test ()

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STATE OF COLORADO SALES LICENSE TEST (2024- 2025)

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STATE OF COLORADO SALES LICENSE TEST (2024-
2025)


Which of the following step are required to properly and
legally repossess a motor vehicle - <<<Answers>>>>(A)
effect a lien creating a security interest


A dealer is responsible for taking written actions to attempt to
correct a misleading advertisement placed by a manufacturer
if the advertisement contains the dealer name -
<<<Answers>>>>(B) False


A sales person can change dealer ship during a license year
provided that a change of employer notification form and fee
is summited to the board. It is unlawful for such a sales person
to act as a motor vehicle sales person of power sport sale
person until a new liscenes is procured -
<<<Answers>>>>False
Advertisement would include - <<<Answers>>>>Licensee
name with the world dealer
Or
All the above


By obtaining an off person permit , dealer may sell motor
vehicle at another location on a sunday - <<<Answers>>>>-
FALSE -no sale of vehicle should be done on Sunday

, Which of the following is a false statement regarding dealer
and buyers - <<<Answers>>>>A dealer must offer a warranty
on all motor vehicle sold


Three of the following type of motor vehicle are exempt from
the true mill age act with one is not - <<Answers>>>>Motor
vehicle with out-of -out of state title<


In addition to possible dealer board sanctions, if a dealer or
salesperson is found using bait & switch advertising, the
criminal penalty is a class 2 misdemeanor and a maximum
twelve months in jail $1,000 fine, or both. -
<<<Answers>>>>TRUE


Which of the following is not proof of ownership of a motor
vehicle for a Colorado dealer? - <<<Answers>>>>A vehicle
subject to a lien on the tile


A motor vehicle salesperson may work for more than one
dealership during one license year. - <<<Answers>>>>TRUE


Which of the following is true about the Colorado lemon law?
- <<<Answers>>>>"A reasonable number of attempts" to
repair applied when the motor vehicle has been out of service
for repairs a cumulative total of 30 or more business days
during the warranty term of 1 year from date of delivery

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