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Exam (elaborations)

State Of Colorado Sales License Test Questions With Complete Answers

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STATE OF COLORADO SALES LICENSE TEST QUESTIONS WITH COMPLETE ANSWERS

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The license of a new or used dealer/wholesale/auctioneer/ may be
denied/suspended/revoked/fined for all the following except:


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, attempting to negotiate the sale or lease of a Motor vehicle with intent to
make profit or gain




The license of a Motor vehicle salesman may be revoked/suspended on all grounds
EXCEPT:


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advertising a salvaged vehicle while identifying that vehicle as salvaged




Licensed Motor vehicle dealers


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must be open for business at least three (3)days per week for a continuous
period of time
not less than four (4) hours per day between the hours of8 a.m. and 9 p.m.




By obtaining an off-premise permit, dealers may sell motor vehicles at another location
on Sunday


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FALSE - NO Sale of vehicle should be done on Sundays

, What is the highest fine per offense the dealer board may impose on dealers who sell
vehicles less than 1500 lbs?


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$500




Which of the following is not true about members of the Motor Vehicle Dealer board?


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public members must have been a motor vehicle dealer




The Motor Vehicle Board is authorized and empowered to:


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All Of The Above
~Amend and repeal rules, regulations and previsions




How many temp permits may a dealer issue for each roadworthy vehicle sold?


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