State of Colorado Sales License Test Questions With Complete Solutions

State of Colorado Sales License Test Questions With
Complete Solutions

, State of Colorado Sales License Test Questions With
Complete Solutions
A buyer agent - ✔✔✔ ANSWER is retained or hired by a consumer to
assist/represent/act on behalf of such consumer in connection with the purchase
of lease of a Motor vehicle

A customer's trade-in vehicle on a financed deal may be sold - ✔✔✔ ANSWER
Only when the financing has been approved and the contract binding has been
signed

A dealer has how many days to facilitate delivery from the date of sale? - ✔✔✔
ANSWER 30 Days
A dealer is not responsible for taking written action to attempt to correct a
misleading advertisement placed by a manufacturer if the advertisement contains
the dealers name - ✔✔✔ ANSWER False
A dealer is required to have on file the licenses of each of their employed
salespersons but need not display them in their place of business - ✔✔✔ ANSWER
False

A dealer may issue a temporary permits for each roadworthy vehicle sold - ✔✔✔
ANSWER FALSE
A dealer must take in the title in their own name before selling a car to a retail
customer - ✔✔✔ ANSWER False
A dealer wholesaler or salespersons convicted of any felony or any crime.. Has
how many days to report conviction? - ✔✔✔ ANSWER 30 Days

a dealers ad must contain the dealers licensed name and the words - ✔✔✔
ANSWER Dealer

A motor vehicle dealer is responsible for: - ✔✔✔ ANSWER all of the above