Mastery Exam, Car Sales Test Colorado Exam | 257 Questions
and Verified Answers (GRADED A) (LATEST UPDATE 2024
GRADED A+.
,Mastery Exam, Car Sales Test Colorado Exam | 257 Questions
and Verified Answers (GRADED A) (LATEST
UPDATE 2024 GRADED A+.
The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked
or suspended on any of the following grounds except:
b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle
According to colorado law, which of the following must be licensed as a motor vehicle dealer
and or powersports dealer?
d) All of the above
Colorado Lemon law covers:
c)defects that substantially impair the market value of a vehicle
Three of the following are required to be disclosed in an advertisement when a dealer is
advertisement a closed end credit sale of a mother vehicle or powersports...except?
d) tax rate
The motor vehicle dealer board is authorized and empowered to:
D)all of the above
Local law enforcement officers must be notified within ___ hours before or after the
repossession of a motor vehicle occurs:
A)1 hours
All motor vehicle dealers and power-sports dealers must post a clear, legible sign on their
principal place of business if:
B) they will be open less than 40 hours a week
A dealer may issue a temporary permits for each roadworthy vehicle sold
B) false (verify)
The motor vehicle dealer board may be decide how large a fine to impose on a dealer who sells
primarily vehicles that weigh 1,500 pounds or more so long as it does not exceed 5k
,a)True (verify)
The Colorado's consumer protection act declares bait and switch advertising to be deceptive
trade practice. Bait and switch advertising includes which of the following
d)all of the above
Three of the following types of motor vehicles are exempt from the truth in mileage act. Which
one is not exempt?
B)motor vehicles with out-of-state titles
The motor vehicle dealer board does not have among its members
c)three employees from the enforcement division
What is the highest fine per offense that the motor vehicle dealer board or an administrative law
judge may impose on a dealer , who sells primarily vehicles that weigh less than 1,500 pounds
$1,000
Three of the following are characteristics of an off-premise permit. . Which one is not?
The permit cannot exceed six days except for the national western stock show, the colorado state
fair, greely stampede
Which of the following is a true statement regarding dealers and buyers?
B) a dealer shall clearly indicate on the costumer contract when a vehicle sold "as is" and without
a guarantee
When advertising a specific number of motor vehicles that same number of vehicles must have
been invoiced to the dealer
A)True
Dealers must either be self insured or have insurance for their vehicles
A)True
In transit plates may be used on motor vehicles
D) consigned to wholesale auction dealers for transport from point of purchase to point of
storage
, When a salesperson leaves a dealer, that dealer must do all of the following except
Immediately employ a new salesperson, licensed or not
The license of a new or used dealer, wholesale auction dealer or wholesaler may be denied
suspended, revoked or fined for all of the following grounds except
Employing a properly licensed salesperson
The only items that can be added to an advertised price are
C) Dealer handling and preparation charges
The license of a motor vehicle salesperson or a powersports salesperson may be denied, revoked,
or suspended on any of the following grounds except:
D)using point of sale literature in advertising
A buyer agent may
be retained or hired by a consumer to assist, represent, or act on behalf of such
consumer in connection with the purchase or lease of a motor vehicle
Three of the following are deceptive trade practices. Which of the following is not?
Delivering goods as promised
A new or used motor vehicle dealer may legally do which of the following with a temporary
permit?
Issue a permit for a demonstration drive by a consumer
Re federal cash reporting rule requires dealers to file form 83000....
15 Days
A new motor vehicle has three of the following characteristics. Which one doesn't it have?
D) a title
A dealer wholesaler or salespersons convicted of any felony or any crime.. Has how many days
to report conviction?
A ) 30 Days
and Verified Answers (GRADED A) (LATEST UPDATE 2024
GRADED A+.
,Mastery Exam, Car Sales Test Colorado Exam | 257 Questions
and Verified Answers (GRADED A) (LATEST
UPDATE 2024 GRADED A+.
The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked
or suspended on any of the following grounds except:
b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle
According to colorado law, which of the following must be licensed as a motor vehicle dealer
and or powersports dealer?
d) All of the above
Colorado Lemon law covers:
c)defects that substantially impair the market value of a vehicle
Three of the following are required to be disclosed in an advertisement when a dealer is
advertisement a closed end credit sale of a mother vehicle or powersports...except?
d) tax rate
The motor vehicle dealer board is authorized and empowered to:
D)all of the above
Local law enforcement officers must be notified within ___ hours before or after the
repossession of a motor vehicle occurs:
A)1 hours
All motor vehicle dealers and power-sports dealers must post a clear, legible sign on their
principal place of business if:
B) they will be open less than 40 hours a week
A dealer may issue a temporary permits for each roadworthy vehicle sold
B) false (verify)
The motor vehicle dealer board may be decide how large a fine to impose on a dealer who sells
primarily vehicles that weigh 1,500 pounds or more so long as it does not exceed 5k
,a)True (verify)
The Colorado's consumer protection act declares bait and switch advertising to be deceptive
trade practice. Bait and switch advertising includes which of the following
d)all of the above
Three of the following types of motor vehicles are exempt from the truth in mileage act. Which
one is not exempt?
B)motor vehicles with out-of-state titles
The motor vehicle dealer board does not have among its members
c)three employees from the enforcement division
What is the highest fine per offense that the motor vehicle dealer board or an administrative law
judge may impose on a dealer , who sells primarily vehicles that weigh less than 1,500 pounds
$1,000
Three of the following are characteristics of an off-premise permit. . Which one is not?
The permit cannot exceed six days except for the national western stock show, the colorado state
fair, greely stampede
Which of the following is a true statement regarding dealers and buyers?
B) a dealer shall clearly indicate on the costumer contract when a vehicle sold "as is" and without
a guarantee
When advertising a specific number of motor vehicles that same number of vehicles must have
been invoiced to the dealer
A)True
Dealers must either be self insured or have insurance for their vehicles
A)True
In transit plates may be used on motor vehicles
D) consigned to wholesale auction dealers for transport from point of purchase to point of
storage
, When a salesperson leaves a dealer, that dealer must do all of the following except
Immediately employ a new salesperson, licensed or not
The license of a new or used dealer, wholesale auction dealer or wholesaler may be denied
suspended, revoked or fined for all of the following grounds except
Employing a properly licensed salesperson
The only items that can be added to an advertised price are
C) Dealer handling and preparation charges
The license of a motor vehicle salesperson or a powersports salesperson may be denied, revoked,
or suspended on any of the following grounds except:
D)using point of sale literature in advertising
A buyer agent may
be retained or hired by a consumer to assist, represent, or act on behalf of such
consumer in connection with the purchase or lease of a motor vehicle
Three of the following are deceptive trade practices. Which of the following is not?
Delivering goods as promised
A new or used motor vehicle dealer may legally do which of the following with a temporary
permit?
Issue a permit for a demonstration drive by a consumer
Re federal cash reporting rule requires dealers to file form 83000....
15 Days
A new motor vehicle has three of the following characteristics. Which one doesn't it have?
D) a title
A dealer wholesaler or salespersons convicted of any felony or any crime.. Has how many days
to report conviction?
A ) 30 Days
