motor vehicle industry license (with complete solutions)

Three of the following types of motor vehicles are exempt from the truth in mileage act. correct answers ~Vehicles 10 years old or older ~Vehicles having a gross empty weight more than 10,000 lbs ~Vehicles not self propelled (Trailers) The definition of a used motor vehicle dealer or used dealer includes which of the following? correct answers Any person who attempts to make profit lease or sale of a used vehicle The Motor Vehicle Board is authorized and empowered to: correct answers All Of The Above ~Amend and repeal rules, regulations and previsions When advertising a specific number of motor vehicles, that same number of vehicles must be invoiced to the dealer correct answers TRUE bait and switch correct answers ad that attracts consumers with a low-priced product, then tries to sell them a higher-priced product Selling, Leasing, Trade-In, 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 correct answers TRUE By obtaining an off-premise permit, dealers may sell motor vehicles at another location on Sunday correct answers False NO Sale of vehicle should be done on Sundays Which of the following statements is true regarding dealer demo plates? correct answers a demo drive cannot exceed 7 days CO Lemon Law includes: correct answers defects that substantially impair the market value of the vehicle Motor vehicle insurance is required: correct answers for all registered vehicles intended for use on colorado roads Which is true regarding in-transit plates? correct answers in-transit plates may be used to transport vehicles from point of purchase to point of storage or from point of storage to point of sale Licensed dealers may sell which of the following on Sundays? correct answers The selling of boat trailers and snowmobile are exempt