State of Colorado Sales License Test / Verified
Questions with Correct Answers.
Terms in this set (107)
Three of the following types ~Vehicles 10 years old or older~Vehicles having a gross
of motor vehicles are empty weight more than 10,000 lbs~Vehicles not self
exempt from the truth in propelled (Trailers)
mileage act.
The definition of a used a person who attempts to negotiate a sale or lease of a used
motor vehicle dealer or motor vehicle or powersports vehicle with the intent to
used dealer includes make a profit or gain
which of the following?
The Motor Vehicle Board is All Of The Above
authorized and empowered ~Amend and repeal rules, regulations and previsions
to:
When advertising a specific TRUE
number of motor vehicles,
that same number of
vehicles must be invoiced to
the dealer
ad that attracts consumers with a low-priced product, then tries
bait and switch is
to sell them a higher-priced product
, Selling, Leasing, Trade-In, TRUE
with option to purchase,
offering or negotiating and
exchange of interest in 3+
vehicles in any 1 year is
prima facie evidence that a
person is engaged in the
business of selling or leasing
motor vehicles
By obtaining an offpremise FALSE - NO Sale of vehicle should be done on
permit, dealers may sell Sundays
motor vehicles at another
location on
Sunday
Which of the following a demo drive cannot exceed 7 days
statements is true regarding
dealer demo plates?
Colorado Lemon Law defects that substantially impair the market value of the
includes: vehicle
Motor vehicle insurance is for all registered vehicles intended for use on colorado roads
required:
Which is true regarding in-transit plates may be used to transport vehicles from
intransit plates? point of purchase to point of storage or from point of
storage to point of sale
Licensed dealers may sell The selling of boat trailers and snowmobile are exempt
which of the following on
Sundays?
effect a lien creating a security interest, Allow the required
Which of the following payment to default (become at least 10 days late), send or hand
steps are required to deliver a "right to cure" letter to the debtor and allow the
properly and legally debtor 20 days to cure
repossess a motor
vehicle?
Questions with Correct Answers.
Terms in this set (107)
Three of the following types ~Vehicles 10 years old or older~Vehicles having a gross
of motor vehicles are empty weight more than 10,000 lbs~Vehicles not self
exempt from the truth in propelled (Trailers)
mileage act.
The definition of a used a person who attempts to negotiate a sale or lease of a used
motor vehicle dealer or motor vehicle or powersports vehicle with the intent to
used dealer includes make a profit or gain
which of the following?
The Motor Vehicle Board is All Of The Above
authorized and empowered ~Amend and repeal rules, regulations and previsions
to:
When advertising a specific TRUE
number of motor vehicles,
that same number of
vehicles must be invoiced to
the dealer
ad that attracts consumers with a low-priced product, then tries
bait and switch is
to sell them a higher-priced product
, Selling, Leasing, Trade-In, TRUE
with option to purchase,
offering or negotiating and
exchange of interest in 3+
vehicles in any 1 year is
prima facie evidence that a
person is engaged in the
business of selling or leasing
motor vehicles
By obtaining an offpremise FALSE - NO Sale of vehicle should be done on
permit, dealers may sell Sundays
motor vehicles at another
location on
Sunday
Which of the following a demo drive cannot exceed 7 days
statements is true regarding
dealer demo plates?
Colorado Lemon Law defects that substantially impair the market value of the
includes: vehicle
Motor vehicle insurance is for all registered vehicles intended for use on colorado roads
required:
Which is true regarding in-transit plates may be used to transport vehicles from
intransit plates? point of purchase to point of storage or from point of
storage to point of sale
Licensed dealers may sell The selling of boat trailers and snowmobile are exempt
which of the following on
Sundays?
effect a lien creating a security interest, Allow the required
Which of the following payment to default (become at least 10 days late), send or hand
steps are required to deliver a "right to cure" letter to the debtor and allow the
properly and legally debtor 20 days to cure
repossess a motor
vehicle?
