Sales Mastery Exam ( set of questions 1) QUESTIONS AND WELL VERIFIE
ANSWERS [GRADED A+]
Study online at https://quizlet.com/_h7jvyk
The license of a motor vehicle salesper-
b) advertising a salvaged vehicle while
son or power-sports salesperson may be
identifying the vehicle as a salvage vehi-
denied,revoked or suspended on any of
cle
the following grounds except:
According to colorado law, which of the
following must be licensed as a motor ve- d) All of the above
hicle dealer and or powersports dealer?
c)defects that substantially impair the
Colorado Lemon law covers:
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 d) tax rate
credit sale of a mother vehicle or power-
sports...except?
The motor vehicle dealer board is autho-
D)all of the above
rized and empowered to:
Local law enforcement officers must be
notified within 1 hours before or after the A)1 hours
repossession of a motor vehicle occurs:
All motor vehicle dealers and pow-
er-sports dealers must post a celar, leg- B) they wull be open less than 40 hours
ible sign on their principal place of busi- a week
ness if:
A dealer may issue a temporary permits
B) false (verify)
for each roadworthy vehicle sold
The motor vehicle dealer board may be
decide how large a fine to impose on a
dealer who sells primarily vehicles that a)True (verify)
weigh 1,500 pounds or moreso long as it
does not exeed 5k
The colorado consumer protection act
declares bait and switch advertising to d)all of the above
be deceptive trade practice. Bait and
1/6
, Sales Mastery Exam ( set of questions 1) QUESTIONS AND WELL VERIFIE
ANSWERS [GRADED A+]
Study online at https://quizlet.com/_h7jvyk
switch advertising includes which of the
following
Three of the following types of motor
vehicles are exempt from the truth in B)motor vehicles with out-of-state titles
mileage act. Which one is not exempt?
The motor vehicle dealer board does not c)three employees from the enforcement
have among its members division
What is the highest fine per offense that
the motor vehicle dealer board or an ad-
ministrative law judge may impose on a $1,000
dealer , who sells primarily vehicles that
wigh less than 1,500 pounds
Three of the following are characteristics The permit cannot exceed six days ex-
of an off-premise permit. . WHich one is cept for the national western stock show,
not? the colorado state fair, greely stampede
B) a dealer shall clearly indicate on the
Which of the following is a true statement
costumer contract when a vehicle sold
regarding dealers and buyers?
"as is" and withou a guarantee
When advertising a specific number of
motor vehicles that same number of ve-
A)True
hicles must have been invoiced to the
dealer
Dealers must either be self insured or
A)True
have insurance for their vehicles
D) consigned to wholesale auction deal-
In transite plates may be used on motor
ers for transport from point of purchase
vehicles
to point of storage
When a salesperson leaves a dealer,
Immediately employ a new salesperson,
that dealer must do all of the following
licensed or not
except
The license of a new or used dealer,
Employing a properly licensed salesper-
wholesale auction dealer or wholesaler
son
may be denied suspended, revoked or
2/6
ANSWERS [GRADED A+]
Study online at https://quizlet.com/_h7jvyk
The license of a motor vehicle salesper-
b) advertising a salvaged vehicle while
son or power-sports salesperson may be
identifying the vehicle as a salvage vehi-
denied,revoked or suspended on any of
cle
the following grounds except:
According to colorado law, which of the
following must be licensed as a motor ve- d) All of the above
hicle dealer and or powersports dealer?
c)defects that substantially impair the
Colorado Lemon law covers:
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 d) tax rate
credit sale of a mother vehicle or power-
sports...except?
The motor vehicle dealer board is autho-
D)all of the above
rized and empowered to:
Local law enforcement officers must be
notified within 1 hours before or after the A)1 hours
repossession of a motor vehicle occurs:
All motor vehicle dealers and pow-
er-sports dealers must post a celar, leg- B) they wull be open less than 40 hours
ible sign on their principal place of busi- a week
ness if:
A dealer may issue a temporary permits
B) false (verify)
for each roadworthy vehicle sold
The motor vehicle dealer board may be
decide how large a fine to impose on a
dealer who sells primarily vehicles that a)True (verify)
weigh 1,500 pounds or moreso long as it
does not exeed 5k
The colorado consumer protection act
declares bait and switch advertising to d)all of the above
be deceptive trade practice. Bait and
1/6
, Sales Mastery Exam ( set of questions 1) QUESTIONS AND WELL VERIFIE
ANSWERS [GRADED A+]
Study online at https://quizlet.com/_h7jvyk
switch advertising includes which of the
following
Three of the following types of motor
vehicles are exempt from the truth in B)motor vehicles with out-of-state titles
mileage act. Which one is not exempt?
The motor vehicle dealer board does not c)three employees from the enforcement
have among its members division
What is the highest fine per offense that
the motor vehicle dealer board or an ad-
ministrative law judge may impose on a $1,000
dealer , who sells primarily vehicles that
wigh less than 1,500 pounds
Three of the following are characteristics The permit cannot exceed six days ex-
of an off-premise permit. . WHich one is cept for the national western stock show,
not? the colorado state fair, greely stampede
B) a dealer shall clearly indicate on the
Which of the following is a true statement
costumer contract when a vehicle sold
regarding dealers and buyers?
"as is" and withou a guarantee
When advertising a specific number of
motor vehicles that same number of ve-
A)True
hicles must have been invoiced to the
dealer
Dealers must either be self insured or
A)True
have insurance for their vehicles
D) consigned to wholesale auction deal-
In transite plates may be used on motor
ers for transport from point of purchase
vehicles
to point of storage
When a salesperson leaves a dealer,
Immediately employ a new salesperson,
that dealer must do all of the following
licensed or not
except
The license of a new or used dealer,
Employing a properly licensed salesper-
wholesale auction dealer or wholesaler
son
may be denied suspended, revoked or
2/6
