PSI SALES MASTERY EXAM ( SET OF QUESTIONS 1) | ANSWERED | VERIFIED.| latest update 2024/25|

PSI SALES MASTERY EXAM ( SET OF QUESTIONS 1) | ANSWERED | VERIFIED. 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 1 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 celar, legible sign on their principal place of business if: - -B) they wull 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 moreso long as it does not exeed 5k - -a)True (verify) The colorado 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 abov