State of Colorado Sales License Test Questions and Answers 100%Verified!!

State of Colorado Sales License Test Questions and Answers 100%Verified!! Three of the following types of motor vehicles are exempt from the truth in mileage act. - Answer ~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? - Answer a person who attempts to negotiate a sale or lease of a used motor vehicle or powersports vehicle with the intent to make a profit or gain The Motor Vehicle Board is authorized and empowered to: - Answer 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 - Answer TRUE bait and switch is - Answer 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 - Answer TRUE By obtaining an off-premise permit, dealers may sell motor vehicles at another location on Sunday - Answer FALSE - NO Sale of vehicle should be done on Sundays Which of the following statements is true regarding dealer demo plates? - Answer a demo drive cannot exceed 7 days Colorado Lemon Law includes: - Answer defects that substantially impair the market value of the vehicle.