Sales Mastery Exam Test With Actual And Verified Answers 2023/2024

Sales Mastery Exam Test With Actual And Verified Answers 2023/2024 Three of the following types of motor vehicles are exempt from the truth in mileage act. - CORRECT 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? - CORRECT ANSWER-Any person who attempts to make profit lease or sale of a used vehicle The Motor Vehicle Board is authorized and empowered to: - CORRECT 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 - CORRECT ANSWER-TRUE bait and switch - CORRECT 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 - CORRECT ANSWERTRUE By obtaining an off-premise permit, dealers may sell motor vehicles at another location on Sunday - CORRECT ANSWER-False NO Sale of vehicle should be done on Sundays Which of the following statements is true regarding dealer demo plates? - CORRECT ANSWER-a demo drive cannot exceed 7 days CO Lemon Law includes: - CORRECT ANSWER-defects that substantially impair the market value of the vehicle Motor vehicle insurance is required: - CORRECT ANSWER-for all registered vehicles intended for use on colorado roads