State of Colorado Sales License Test Questions and Answers Latest Updated 2024 (VERIFIED AND GRADED)

State of Colorado Sales License Test Questions and Answers Latest Updated 2024 (VERIFIED AND GRADED) On Sunday(s), dealers are prohibited from selling all of the following except? ( C) Powersport Vehicles 2. The licenses of a new or used dealer, wholesale auction dealer, or whole sales may be denied, suspended, revoked or fined for the following: (D) All of the above 3. Colorado's Lemon Law covers: (C) defects that substantially impair market vale of a vehicle 4. Local law enforcement agencies must be notified with thin four hours after repossession of a motor vehicle occurs (B) False it's 1 hour 5. The Buyer guide, or "as is" sticker must be? (B) Provided by another language than English if the transact is being conducted in another language than English 6. The only items that can be added to an advertised price are (A) dealers handling and preparation charges 7. Dealers must either be self-insured or have insurance for their vehicles (A) true 8. Is it acceptable for a licensed dealer to place an advertisement using only the name "ABC Enterprise"?. (B) False is has to say ABC enterprise dealership 9. A dealer has how many days to deliver or facilitate delivery of title from the date of sale? (D) 30 days 10. According to Colorado law , motor vehicle leasing company do NOT need a motor vehicle dealers license (B) False 11. Three of the following are required to be disclosed in an advertisement when (C) amount of percentage of the down payment 1 / 5 State of Colorado Sales License Test Latest 2024 a dealer is advertising a close-end credit sale or a motor vehicle or power sport vehicle with a down payment amount, payment amount, number of payment, period of repayment or amount of financing charge. Which one is NOT required? 12. Three of the following are deceptive trade of practices. Which one of the following is Not? (D) delivering goods as promised