SALES MASTERY EXAM
QUESTIONS AND
VERIFIED ANSWERS 2023-2024
VERSION
1. The license of a motor vehicle salesperson or power-sports salesperson
may be denied,revoked or suspended on any of the following grounds excep
: ANS- b) advertising a salvaged vehicle while identifying the vehicle as a salvage
vehicle
2. According to colorado law, which of the following must be licensed as a
motor vehicle dealer and or powersports dealer?: ANS- d) All of the above
3. Colorado Lemon law covers:: ANS- c)defects that substantially impair the
market value of a vehicle
4. Three of the following are required to be disclosed in an advertisement
when a dealer is advertisement a closed end credit sale of a mother vehicle
or powersports...except?: ANS- d) tax rate
5. The motor vehicle dealer board is authorized and empowered to:: D)all of th
above
6. Local law enforcement officers must be notified within 1 hours before or
1/4
, after the repossession of a motor vehicle occurs:: A)1 hours
7. All motor vehicle dealers and power-sports dealers must post a celar, legib
sign on their principal place of business if:: B) they wull be open less than 40
hours a week
8. A dealer may issue a temporary permits for each roadworthy vehicle sold:
false (verify)
9. The motor vehicle dealer board may be decide how large a fine to impose
on a dealer who sells primarily vehicles that weigh 1,500 pounds or moreso
long as it does not exeed 5k: a)True (verify)
10. The colorado consumer protection act declares bait and switch advertisin
to be deceptive trade practice. Bait and switch advertising includes which of
the following: d)all of the above
11. Three of the following types of motor vehicles are exempt from the truth i
mileage act. Which one is not exempt?: B)motor vehicles with out-of-state titles
12. The motor vehicle dealer board does not have among its members: c)thre
employees from the enforcement division
13. What is the highest fine per offense that the motor vehicle dealer board
or an administrative law judge may impose on a dealer , who sells primarily
vehicles that wigh less than 1,500 pounds: $1,000
2/4
QUESTIONS AND
VERIFIED ANSWERS 2023-2024
VERSION
1. The license of a motor vehicle salesperson or power-sports salesperson
may be denied,revoked or suspended on any of the following grounds excep
: ANS- b) advertising a salvaged vehicle while identifying the vehicle as a salvage
vehicle
2. According to colorado law, which of the following must be licensed as a
motor vehicle dealer and or powersports dealer?: ANS- d) All of the above
3. Colorado Lemon law covers:: ANS- c)defects that substantially impair the
market value of a vehicle
4. Three of the following are required to be disclosed in an advertisement
when a dealer is advertisement a closed end credit sale of a mother vehicle
or powersports...except?: ANS- d) tax rate
5. The motor vehicle dealer board is authorized and empowered to:: D)all of th
above
6. Local law enforcement officers must be notified within 1 hours before or
1/4
, after the repossession of a motor vehicle occurs:: A)1 hours
7. All motor vehicle dealers and power-sports dealers must post a celar, legib
sign on their principal place of business if:: B) they wull be open less than 40
hours a week
8. A dealer may issue a temporary permits for each roadworthy vehicle sold:
false (verify)
9. The motor vehicle dealer board may be decide how large a fine to impose
on a dealer who sells primarily vehicles that weigh 1,500 pounds or moreso
long as it does not exeed 5k: a)True (verify)
10. The colorado consumer protection act declares bait and switch advertisin
to be deceptive trade practice. Bait and switch advertising includes which of
the following: d)all of the above
11. Three of the following types of motor vehicles are exempt from the truth i
mileage act. Which one is not exempt?: B)motor vehicles with out-of-state titles
12. The motor vehicle dealer board does not have among its members: c)thre
employees from the enforcement division
13. What is the highest fine per offense that the motor vehicle dealer board
or an administrative law judge may impose on a dealer , who sells primarily
vehicles that wigh less than 1,500 pounds: $1,000
2/4
