Exam (elaborations)

SALES MASTERY TEST.

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Exam of 5 pages for the course Colorado mastery car sales at Colorado mastery car sales (SALES MASTERY TEST.)

Institution

Colorado Mastery Car Sales

Course

Colorado mastery car sales

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SALES MASTERY TEST (SET
QUESTION 2) QUESTIONS WITH
CORRECT ANSWERS 2025/2026
TheAMotorAVehicleADealerABoardAisAauthorizedAandAempoweredAto:A-
AcorrectAanswersissueAorAdenyAmotorAvehicleAdealerAandAsalespersonAlicenses

heAMotorAVehicleADealerABoardAisAauthorizedAandAempoweredAto:A-
AcorrectAanswersd.AallAofAtheAabove

DealersAmayAbeAadministrativelyAfinedAbyAtheADealerABoardAupAtoAwhatAamountAforeachAsepar
ateAoffense?A-
AcorrectAanswersshallAnotAexceedAtenAthousandAdollarsAforAeachAseparateAoffense

NewAandAusedAmotorAvehicleAdealers,AwholesalersAandAwholesaleAauctionAdealersAarerequire
dAtoAhaveAaAsuretyAbondAinAtheAamountAofA?A-AcorrectAanswers$50,000AforADealer/Wholesaler

MotorAvehicleAsalespersonsAareArequiredAtoAhaveAaAsuretyAbondAinAtheAamountAof?A-
AcorrectAanswers$15,000

SellingA___AorAmoreAvehiclesAorAofferingAforAsaleAmoreAthanA___AvehiclesAatAtheAsameaddressA
orAtelephoneAnumberAinAanyAoneAcalendarAyear,AshallAbeAprimaAfacieAevidenceAthatA-
AcorrectAanswersAApersonAisAengagedAinAtheAbusinessAofAsellingAmotorAvehicles.

TheAdefinitionAofAaAusedAmotorAvehicleAdealerAincludesAwhichAofAtheAfollowing?A-
AcorrectAanswers"UsedAmotorAvehicleAdealer"AmeansAanyApersonAwho,AforAcommissionAorAwit

hAintentAtoAmakeAaAprofitAsellsAusedAcars.

WholesalersAmay:A-AcorrectAanswersmakeAaAprofitAorAgainAsellingAtoAdealersAandAwholesalers

ThreeAofAtheAfollowingAareAcharacteristicsAofAanAoff-premiseApermit.AWhichAoneAisnot?A-
AcorrectAanswerstheApermitAcouldAbeAusedAforAaApermanentAsecondAlocation

AllAmotorAvehicleAdealersAandAusedAmotorAvehicleAdealersAmustAbeAopenA-
AcorrectAanswersa.AaAminimumAofA12AhoursAperAweekAHoursAofAoperationApostedAandAopenedA

atAleastA3AdaysAperAweekAforAaAcontinuousAfourAhoursAperAdayAbetweenA8AAMAandA9APM.

theAlicenseAofAaAmotorAvehicleAsalespersonAmayAbeAdenied,Arevoked,AorAsuspendedonAtheAfoll
owingAgroundsAexcept:A-
AcorrectAanswersadvertisingAaAsalvagedAvehicleAthatAidentifiesAthatAvehicleAasAaAsalvageAvehicl

e

TheAlicenseAofAaAmotorAvehicleAsalespersonAmayAbeAdenied,Arevoked,AorAsuspendedonAtheAfoll
owingAgroundsAexcept:A-AcorrectAanswers.AnotAhavingAaAvalidAColoradoAdriversAlicense

, TheAlicenseAofAaAmotorAvehicleAsalespersonAmayAbeAdenied,Arevoked,AorAsuspendedonAtheAfoll
owingAgroundsAexceptA-
AcorrectAanswerstoAengageAasAaAlicenseeAwithoutAhavingAinAforceAaAgoodAandAsufficientAbondA

withcorporateAsurety

AAdealer,AwholesalerAorAsalespersonAwhoAisAconvictedAofAanyAfelonyAorAanyAcrimepursuantAtoA
ArticleA3,A4AorA5AofATitleA18,AC.R.S.A(felonyAorAcriminalAmisdemeanor)AorAlikecrimeApursuantAtoA
federalAlawAorAlawAofAanyAotherAstateAhasA_____AdaysAtoAgiveAtheADealerBoardAwrittenAnoticeA
ofAsuchAconviction?A-AcorrectAanswersthirtyAdaysAafterAsuchAconviction

WhenAaAsalespersonAvoluntarilyAleavesAorAisAdischargedAfromAaAdealership,AtheAdealermustAim
mediatelyAreturnAthatAsalesperson'sA_________AtoAtheADealerABoard.A-
AcorrectAanswersmotorAvehicleAdealerAorAusedAmotorAvehicleAdealerAwhoAlastAemployedAtheAs

alespersonAshallconfiscateAandAreturnAsuchAsalesperson'sAlicenseAtoAtheAboard

AAsalespersonAcanAchangeAdealershipsAduringAtheAlicensingAyearAprovidedAthatAaChangeAofAE
mployerANotificationAformAisAsubmittedAtoAtheABoard.AItAisAunlawfulAforAsuchsalespersonAtoAac
tAasAaAmotorAvehicleAsalespersonAuntilAaAnewA_________AisAprocured.A-
AcorrectAanswersItAshallAbeAunlawfulAforAsuchAsalespersonAtoAactAasAamotorAvehicleAsalesperso

nAuntilAaAnewAlicenseAisAprocured.

AAbuyerAagentAmay:A-
AcorrectAanswersbeAretainedAorAhiredAbyAaAconsumerAtoAassist,Arepresent,AorAactAonAbehalfAofA

such

AAnewAmotorAvehicleAhasAthreeAofAtheAfollowingAcharacteristics.AWhichAonedoesn'tAitAhave?A-
AcorrectAanswersmotorAvehicleAthatAisAtitled

WhichAofAtheAfollowingAwouldAalwaysAindicateAaAmotorAvehicleAisAused?A-
AcorrectAanswersaAvehicleAthatAisAtitled

SinceA1985,AtheAFederalATradeACommission'sAUsedACarARuleAhasArequiredAthatAdealerspromin
entlyAandAconspicuouslyAdisplayAtheA__________________AonAeveryAusedAcarAorlightAtruckAoff
eredAforAsale.AThisAisAalsoAknownAasAtheA"asAis"Asticker.A-AcorrectAanswersBuyersAGuide

threeAofAtheAfollowingAareArequiredAwhenAaAdealerAisAadvertisingAaAleaseAofAaAmotorvehicleAwi
thAaApaymentAamount.AWhichAoneAisAnotArequired?A-
AcorrectAanswersdisclosingAtheAcostAofAleasingAversusAtheAcostAofApurchasing.

AnAadvertisementAwouldAinclude:A-AcorrectAanswersallAofAtheAabove

WhichAofAtheAfollowingAmustAbeAidentifiedAinAadvertising?A-AcorrectAanswersallAofAtheAabove

heAonlyAitemsAthatAcanAbeAaddedAtoAanAadvertisedApriceAare:A-
AcorrectAanswersnoneAofAtheAabove

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Institution: Colorado mastery car sales
Course: Colorado mastery car sales

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Uploaded on: March 13, 2025
Number of pages: 5
Written in: 2024/2025
Type: Exam (elaborations)
Contains: Questions & answers

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sales mastery test

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SALES MASTERY TEST.

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