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Exam (elaborations)

SALES MASTERY EXAM ( SET OF QUESTIONS 1) WITH COMPLETE SOLUTIONS.  

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Local law enforcement officers must be notified within 1 hours before or after the repossession of a motor vehicle occurs: - ANSWERA)1 hours All motor vehicle dealers and power-sports dealers must post a celar, legible sign on their principal place of business if: - ANSWERB) they wull be open less than 40 hours a week A dealer may issue a temporary permits for each roadworthy vehicle sold - ANSWERB) 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 - ANSWERa)True (verify) In transite plates may be used on motor vehicles - ANSWERD) 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 - ANSWERImmediately 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 - ANSWEREmploying a properly licensed salesperson The colorado consumer protection act declares bait and switch advertising to be deceptive trade practice. Bait and switch advertising includes which of the following - ANSWERd)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? - ANSWERB)motor vehicles with out-of-state titles The motor vehicle dealer board does not have among its members - ANSWERc)three employees from the enforcement division The license of a motor vehicle salesperson or a powersports salesperson may be

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Sales Mastery
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Uploaded on
May 8, 2025
Number of pages
6
Written in
2024/2025
Type
Exam (elaborations)
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Questions & answers

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SALES MASTERY EXAM ( SET OF
QUESTIONS 1) WITH COMPLETE
SOLUTIONS.

, Local law enforcement officers must be notified within 1 hours before or after the
repossession of a motor vehicle occurs: - ANSWERA)1 hours

All motor vehicle dealers and power-sports dealers must post a celar, legible sign on
their principal place of business if: - ANSWERB) they wull be open less than 40 hours a
week

A dealer may issue a temporary permits for each roadworthy vehicle sold - ANSWERB)
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 - ANSWERa)True (verify)

In transite plates may be used on motor vehicles - ANSWERD) 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 -
ANSWERImmediately 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 -
ANSWEREmploying a properly licensed salesperson
The colorado consumer protection act declares bait and switch advertising to be
deceptive trade practice. Bait and switch advertising includes which of the following -
ANSWERd)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? - ANSWERB)motor vehicles with out-of-state titles

The motor vehicle dealer board does not have among its members - ANSWERc)three
employees from the enforcement division

The license of a motor vehicle salesperson or a powersports salesperson may be
denied,revoked, or suspended on any of the followin grounds except: -
ANSWERD)using point of sale literature in advertising
The license of a motor vehicle salesperson or power-sports salesperson may be
denied,revoked or suspended on any of the following grounds except: - ANSWERb)
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? - ANSWERd) All of the above

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