Sales Mastery Exam Questions With Correct Answers 2025

SALES MASTERY EXAM QUESTIONS
WITH CORRECT ANSWERS 2025
TheVlicenseVofVaVmotorVvehicleVsalespersonVorVpower-
sportsVsalespersonVmayVbeVdenied,revokedVorVsuspendedVonVanyVofVtheVfollowingVgroundsVexcept:V-
VCORRECTVANSWERV-

b)VadvertisingVaVsalvagedVvehicleVwhileVidentifyingVtheVvehicleVasVaVsalvageVvehicle

AccordingVtoVcoloradoVlaw,VwhichVofVtheVfollowingVmustVbeVlicensedVasVaVmotorVvehicleVdealerVandVorVp
owersportsVdealer?V-VCORRECTVANSWERV-d)VAllVofVtheVabove

ColoradoVLemonVlawVcovers:V-VCORRECTVANSWERV-
c)defectsVthatVsubstantiallyVimpairVtheVmarketVvalueVofVaVvehicle

ThreeVofVtheVfollowingVareVrequiredVtoVbeVdisclosedVinVanVadvertisementVwhenVaVdealerVisVadvertisementV
aVclosedVendVcreditVsaleVofVaVmotherVvehicleVorVpowersports...except?V-VCORRECTVANSWERV-
d)VtaxVrate

TheVmotorVvehicleVdealerVboardVisVauthorizedVandVempoweredVto:V-VCORRECTVANSWERV-
D)allVofVtheVabove

LocalVlawVenforcementVofficersVmustVbeVnotifiedVwithinV1VhoursVbeforeVorVafterVtheVrepossessionVofVaVm
otorVvehicleVoccurs:V-VCORRECTVANSWERV-A)1Vhours

AllVmotorVvehicleVdealersVandVpower-
sportsVdealersVmustVpostVaVcelar,VlegibleVsignVonVtheirVprincipalVplaceVofVbusinessVif:V-
VCORRECTVANSWERV-B)VtheyVwullVbeVopenVlessVthanV40VhoursVaVweek




AVdealerVmayVissueVaVtemporaryVpermitsVforVeachVroadworthyVvehicleVsoldV-VCORRECTVANSWERV-
B)VfalseV(verify)

TheVmotorVvehicleVdealerVboardVmayVbeVdecideVhowVlargeVaVfineVtoVimposeVonVaVdealerVwhoVsellsVprimar
ilyVvehiclesVthatVweighV1,500VpoundsVorVmoresoVlongVasVitVdoesVnotVexeedV5kV-VCORRECTVANSWERV-
a)TrueV(verify)

TheVcoloradoVconsumerVprotectionVactVdeclaresVbaitVandVswitchVadvertisingVtoVbeVdeceptiveVtradeVpractic
e.VBaitVandVswitchVadvertisingVincludesVwhichVofVtheVfollowingV-VCORRECTVANSWERV-
d)allVofVtheVabove

ThreeVofVtheVfollowingVtypesVofVmotorVvehiclesVareVexemptVfromVtheVtruthVinVmileageVact.VWhichVoneVisV
notVexempt?V-VCORRECTVANSWERV-B)motorVvehiclesVwithVout-of-stateVtitles

TheVmotorVvehicleVdealerVboardVdoesVnotVhaveVamongVitsVmembersV-VCORRECTVANSWERV-
c)threeVemployeesVfromVtheVenforcementVdivision

WhatVisVtheVhighestVfineVperVoffenseVthatVtheVmotorVvehicleVdealerVboardVorVanVadministrativeVlawVjudgeV
mayVimposeVonVaVdealerV,VwhoVsellsVprimarilyVvehiclesVthatVwighVlessVthanV1,500VpoundsV-

, CORRECTVANSWERV-$1,000
V




ThreeVofVtheVfollowingVareVcharacteristicsVofVanVoff-premiseVpermit.V.VWHichVoneVisVnot?V-
VCORRECTVANSWERV-

TheVpermitVcannotVexceedVsixVdaysVexceptVforVtheVnationalVwesternVstockVshow,VtheVcoloradoVstateVfair,V
greelyVstampede

WhichVofVtheVfollowingVisVaVtrueVstatementVregardingVdealersVandVbuyers?V-VCORRECTVANSWERV-
B)VaVdealerVshallVclearlyVindicateVonVtheVcostumerVcontractVwhenVaVvehicleVsoldV"asVis"VandVwithouVaVgu
arantee

WhenVadvertisingVaVspecificVnumberVofVmotorVvehiclesVthatVsameVnumberVofVvehiclesVmustVhaveVbeenVin
voicedVtoVtheVdealerV-VCORRECTVANSWERV-A)True

DealersVmustVeitherVbeVselfVinsuredVorVhaveVinsuranceVforVtheirVvehiclesV-VCORRECTVANSWERV-
A)True

InVtransiteVplatesVmayVbeVusedVonVmotorVvehiclesV-VCORRECTVANSWERV-
D)VconsignedVtoVwholesaleVauctionVdealersVforVtransportVfromVpointVofVpurchaseVtoVpointVofVstorage

WhenVaVsalespersonVleavesVaVdealer,VthatVdealerVmustVdoVallVofVtheVfollowingVexceptV-
VCORRECTVANSWERV-ImmediatelyVemployVaVnewVsalesperson,VlicensedVorVnot



TheVlicenseVofVaVnewVorVusedVdealer,VwholesaleVauctionVdealerVorVwholesalerVmayVbeVdeniedVsuspended,V
revokedVorVfinedVforVallVofVtheVfollowingVgroundsVexceptV-VCORRECTVANSWERV-
EmployingVaVproperlyVlicensedVsalesperson

TheVonlyVitemsVthatVcanVbeVaddedVtoVanVadvertisedVpriceVareV-VCORRECTVANSWERV-
C)VDealerVhandlingVandVpreparationVcharges

TheVlicenseVofVaVmotorVvehicleVsalespersonVorVaVpowersportsVsalespersonVmayVbeVdenied,revoked,VorVsus
pendedVonVanyVofVtheVfollowinVgroundsVexcept:V-VCORRECTVANSWERV-
D)usingVpointVofVsaleVliteratureVinVadvertising

WhichVofVtheVfollowingVisVtrueVaboutVcolorado'sVlemonVlaw?V-VCORRECTVANSWERV-
C)V"aVreasonableVnumberVofVattempts"VtoVrepairVappliedVwhenVtheVmoterVvehicleVhasVbeenVoutVofVserviceV
forVrepairsVaVcumulativeVtoalVofV30VorVmoreVbusinessVdaysVduringVtheVwarrantyVtermVorV1VyearVfromVdate
VofVdelivery




ThreeVofVtheVfollowingVareVdeceptiveVtradeVpractices.VWhichVofVtheVfollowingVisVnotV?V-
VCORRECTVANSWERV-DeliveringVgoodsVasVpromised




AVnewVorVusedVmotorVvehicleVdealerVmayVlegallyVdoVwhichVofVtheVfollowingVwithVaVtemporaryVpermit?V-
VCORRECTVANSWERV-IssueVaVpermitVforVaVdemonstrationVdriveVbyVaVconsumer




ReVfederalVcashVreportingVruleVrequiresVdealersVtoVfileVformV83000....V-VCORRECTVANSWERV-15VDays

AVnewVmotorVvehicleVhasVthreeVofVtheVfollowingVchracterics.VWHichVoneVdosen'tVitVhave?V-
VCORRECTVANSWERV-D)VaVtitle



AVdealerVwholesalerVorVsalesperonsVconvictedVofVanyVfelonyVorVanyVcrime..VHasVhowVmanyVdaysVtoVrepor