Mastery Exam, Car Sales Test Colorado Questions
and Answers Graded A+
The license of a motor vehicle salesperson or power- (verify)
sports salesperson may be denied, revoked or
suspended on any of the following grounds except: -
ANSWER -b) advertising a salvaged vehicle The Colorado's consumer protection act declares bait
while identifying the vehicle as a salvage vehicle and switch advertising to be deceptive trade practice.
Bait and switch advertising includes which of the
following - ANSWER -d)all of the above
According to colorado law, which of the following
must be licensed as a motor vehicle dealer and or
powersports dealer? - ANSWER -d) All of the Three of the following types of motor vehicles are
above exempt from the truth in mileage act. Which one is
not exempt? - ANSWER -B)motor vehicles with
out-of-state titles
Colorado Lemon law covers: - ANSWER -
c)defects that substantially impair the market value of
a vehicle The motor vehicle dealer board does not have among
its members - ANSWER -c)three employees
from the enforcement division
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 What is the highest fine per offense that the motor
powersports...except? - ANSWER -d) tax rate vehicle dealer board or an administrative law judge
may impose on a dealer , who sells primarily vehicles
that weigh less than 1,500 pounds - ANSWER -
The motor vehicle dealer board is authorized and $1,000
empowered to: - ANSWER -D)all of the above
Three of the following are characteristics of an off-
Local law enforcement officers must be notified premise permit. . Which one is not? -
within ___ hours before or after the repossession of a ANSWER -The permit cannot exceed six days
motor vehicle occurs: - ANSWER -A)1 hours except for the national western stock show, the
colorado state fair, greely stampede
All motor vehicle dealers and power-sports dealers
must post a clear, legible sign on their principal place Which of the following is a true statement regarding
of business if: - ANSWER -B) they will be open dealers and buyers? - ANSWER -B) a dealer
less than 40 hours a week shall clearly indicate on the costumer contract when a
vehicle sold "as is" and without a guarantee
A dealer may issue a temporary permits for each
roadworthy vehicle sold - ANSWER -B) false When advertising a specific number of motor vehicles
(verify) that same number of vehicles must have been
invoiced to the dealer - ANSWER -A)True
The motor vehicle dealer board may be decide how
large a fine to impose on a dealer who sells primarily Dealers must either be self insured or have insurance
vehicles that weigh 1,500 pounds or more so long as for their vehicles - ANSWER -A)True
it does not exceed 5k - ANSWER -a)True
, Mastery Exam, Car Sales Test Colorado Questions
and Answers Graded A+
In transit plates may be used on motor vehicles -
ANSWER -D) consigned to wholesale auction Re federal cash reporting rule requires dealers to file
dealers for transport from point of purchase to point form 83000.... - ANSWER -15 Days
of storage
A new motor vehicle has three of the following
When a salesperson leaves a dealer, that dealer characteristics. Which one doesn't it have? -
must do all of the following except - ANSWER - ANSWER -D) a title
Immediately employ a new salesperson, licensed or
not
A dealer wholesaler or salespersons convicted of any
felony or any crime.. Has how many days to report
The license of a new or used dealer, wholesale conviction? - ANSWER -A ) 30 Days
auction dealer or wholesaler may be denied
suspended, revoked or fined for all of the following
grounds except - ANSWER -Employing a Three of the following are require when a dealer is
properly licensed salesperson advertising a lease of a a motor vehicle or
powersports vehicle with a payment amount which
one is not required? - ANSWER -D) disclosing
The only items that can be added to an advertised the cost of leasing versus the cost of purchasing
price are - ANSWER -C) Dealer handling and
preparation charges
The definition of a used mother vehicle dealer or
used powersports dealer includes which of the
The license of a motor vehicle salesperson or a following ? - ANSWER -A person who attempts
powersports salesperson may be denied, revoked, or to negotiate a sale or lease of a used motor vehicle or
suspended on any of the following grounds except: - powersports vehicle with the intent to make a profit or
ANSWER -D)using point of sale literature in gain
advertising
A customer's trade- in vehicle on a financed deal may
A buyer agent may - ANSWER -be retained or be sold - ANSWER -D) only when the financing
hired by a consumer to assist, represent, or act on has been approved
behalf of such
consumer in connection with the purchase or lease of
a motor vehicle Wholesalers : - ANSWER -C)must use a name
other than their personal name on all business
documents
Three of the following are deceptive trade practices.
Which of the following is not? - ANSWER -
Delivering goods as promised A dealer is required to have on file the licenses of
each of their employed salespersons but need not
display them in their place of business -
A new or used motor vehicle dealer may legally do ANSWER -False
which of the following with a temporary permit? -
ANSWER -Issue a permit for a demonstration
drive by a consumer The license of a motor vehicle salesperson or a
, Mastery Exam, Car Sales Test Colorado Questions
and Answers Graded A+
powersports salesperson may be denied, revoked or
suspended on the following grounds -
ANSWER -D) all of the above Which of the following is a deceptive trade practice? -
ANSWER -D) All of the above are deceptive
trade practices
A dealer must take in the title in their own name
before selling a car to retail customer -
ANSWER -B) False Demonstration plates can be displayed on vehicles
that are used by the dealership for any commercial
purpose - ANSWER -true
A salesperson can change dealerships during the
licensing year provided that the correct form and fee
is submitted to the board such sales person may A dealers advertising must contain the dealers
begin work as a motor vehicle salespersons or licensed name and the words - ANSWER -C)
powersports salesperson while awaiting a new dealer
license from the board - ANSWER -B) False
Which of the following does not fit the definition of a
Records of vehicles transfers and odometer motor vehicle dealer - ANSWER -C) someone
statements must be retained for: - ANSWER - who sells motor vehicles solely to wholesalers
C) 5 year
Depot plates may be used during normal business
Motor vehicle dealers, powersport dealers, used hours to transport a motor vehicle - ANSWER -
motor vehicle dealers, used powersports dealers or D ) all of the above
wholesalers are not required to report to the dealer
board - ANSWER -B) any change in the hours
of operation of the business when the business Licensed powersport dealers may not sell
continues full time (review) powersports on Sundays ( verify) - ANSWER -
False
Which of the following would indicate a motor vehicle
is "used" - ANSWER -A certificate of title has By definition an advertisement may include any
been issued commercial message on any computer display or
window, display which is delivered or made available
to a customer or prospective customer in any manner
A motor vehicle dealer is responsible for : - whatsoever - ANSWER -True ( verify)
ANSWER -D) all of the above
The motor Vehicle dealer board is authorized and
An advertisement would include - ANSWER -D) empowered to - ANSWER -D) all of the above
all of the above
The federal odometer law declares that it is unlawful
The license of a new or used dealer, wholesale to do any of the following except - ANSWER -C)
auction dealer, or wholesaler may be denied, to operate a motor vehicle on any street, with the
suspended revoked or fined for the following - intent to defraud, knowing that the odometer is
ANSWER -D) all of the above disconnected
and Answers Graded A+
The license of a motor vehicle salesperson or power- (verify)
sports salesperson may be denied, revoked or
suspended on any of the following grounds except: -
ANSWER -b) advertising a salvaged vehicle The Colorado's consumer protection act declares bait
while identifying the vehicle as a salvage vehicle and switch advertising to be deceptive trade practice.
Bait and switch advertising includes which of the
following - ANSWER -d)all of the above
According to colorado law, which of the following
must be licensed as a motor vehicle dealer and or
powersports dealer? - ANSWER -d) All of the Three of the following types of motor vehicles are
above exempt from the truth in mileage act. Which one is
not exempt? - ANSWER -B)motor vehicles with
out-of-state titles
Colorado Lemon law covers: - ANSWER -
c)defects that substantially impair the market value of
a vehicle The motor vehicle dealer board does not have among
its members - ANSWER -c)three employees
from the enforcement division
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 What is the highest fine per offense that the motor
powersports...except? - ANSWER -d) tax rate vehicle dealer board or an administrative law judge
may impose on a dealer , who sells primarily vehicles
that weigh less than 1,500 pounds - ANSWER -
The motor vehicle dealer board is authorized and $1,000
empowered to: - ANSWER -D)all of the above
Three of the following are characteristics of an off-
Local law enforcement officers must be notified premise permit. . Which one is not? -
within ___ hours before or after the repossession of a ANSWER -The permit cannot exceed six days
motor vehicle occurs: - ANSWER -A)1 hours except for the national western stock show, the
colorado state fair, greely stampede
All motor vehicle dealers and power-sports dealers
must post a clear, legible sign on their principal place Which of the following is a true statement regarding
of business if: - ANSWER -B) they will be open dealers and buyers? - ANSWER -B) a dealer
less than 40 hours a week shall clearly indicate on the costumer contract when a
vehicle sold "as is" and without a guarantee
A dealer may issue a temporary permits for each
roadworthy vehicle sold - ANSWER -B) false When advertising a specific number of motor vehicles
(verify) that same number of vehicles must have been
invoiced to the dealer - ANSWER -A)True
The motor vehicle dealer board may be decide how
large a fine to impose on a dealer who sells primarily Dealers must either be self insured or have insurance
vehicles that weigh 1,500 pounds or more so long as for their vehicles - ANSWER -A)True
it does not exceed 5k - ANSWER -a)True
, Mastery Exam, Car Sales Test Colorado Questions
and Answers Graded A+
In transit plates may be used on motor vehicles -
ANSWER -D) consigned to wholesale auction Re federal cash reporting rule requires dealers to file
dealers for transport from point of purchase to point form 83000.... - ANSWER -15 Days
of storage
A new motor vehicle has three of the following
When a salesperson leaves a dealer, that dealer characteristics. Which one doesn't it have? -
must do all of the following except - ANSWER - ANSWER -D) a title
Immediately employ a new salesperson, licensed or
not
A dealer wholesaler or salespersons convicted of any
felony or any crime.. Has how many days to report
The license of a new or used dealer, wholesale conviction? - ANSWER -A ) 30 Days
auction dealer or wholesaler may be denied
suspended, revoked or fined for all of the following
grounds except - ANSWER -Employing a Three of the following are require when a dealer is
properly licensed salesperson advertising a lease of a a motor vehicle or
powersports vehicle with a payment amount which
one is not required? - ANSWER -D) disclosing
The only items that can be added to an advertised the cost of leasing versus the cost of purchasing
price are - ANSWER -C) Dealer handling and
preparation charges
The definition of a used mother vehicle dealer or
used powersports dealer includes which of the
The license of a motor vehicle salesperson or a following ? - ANSWER -A person who attempts
powersports salesperson may be denied, revoked, or to negotiate a sale or lease of a used motor vehicle or
suspended on any of the following grounds except: - powersports vehicle with the intent to make a profit or
ANSWER -D)using point of sale literature in gain
advertising
A customer's trade- in vehicle on a financed deal may
A buyer agent may - ANSWER -be retained or be sold - ANSWER -D) only when the financing
hired by a consumer to assist, represent, or act on has been approved
behalf of such
consumer in connection with the purchase or lease of
a motor vehicle Wholesalers : - ANSWER -C)must use a name
other than their personal name on all business
documents
Three of the following are deceptive trade practices.
Which of the following is not? - ANSWER -
Delivering goods as promised A dealer is required to have on file the licenses of
each of their employed salespersons but need not
display them in their place of business -
A new or used motor vehicle dealer may legally do ANSWER -False
which of the following with a temporary permit? -
ANSWER -Issue a permit for a demonstration
drive by a consumer The license of a motor vehicle salesperson or a
, Mastery Exam, Car Sales Test Colorado Questions
and Answers Graded A+
powersports salesperson may be denied, revoked or
suspended on the following grounds -
ANSWER -D) all of the above Which of the following is a deceptive trade practice? -
ANSWER -D) All of the above are deceptive
trade practices
A dealer must take in the title in their own name
before selling a car to retail customer -
ANSWER -B) False Demonstration plates can be displayed on vehicles
that are used by the dealership for any commercial
purpose - ANSWER -true
A salesperson can change dealerships during the
licensing year provided that the correct form and fee
is submitted to the board such sales person may A dealers advertising must contain the dealers
begin work as a motor vehicle salespersons or licensed name and the words - ANSWER -C)
powersports salesperson while awaiting a new dealer
license from the board - ANSWER -B) False
Which of the following does not fit the definition of a
Records of vehicles transfers and odometer motor vehicle dealer - ANSWER -C) someone
statements must be retained for: - ANSWER - who sells motor vehicles solely to wholesalers
C) 5 year
Depot plates may be used during normal business
Motor vehicle dealers, powersport dealers, used hours to transport a motor vehicle - ANSWER -
motor vehicle dealers, used powersports dealers or D ) all of the above
wholesalers are not required to report to the dealer
board - ANSWER -B) any change in the hours
of operation of the business when the business Licensed powersport dealers may not sell
continues full time (review) powersports on Sundays ( verify) - ANSWER -
False
Which of the following would indicate a motor vehicle
is "used" - ANSWER -A certificate of title has By definition an advertisement may include any
been issued commercial message on any computer display or
window, display which is delivered or made available
to a customer or prospective customer in any manner
A motor vehicle dealer is responsible for : - whatsoever - ANSWER -True ( verify)
ANSWER -D) all of the above
The motor Vehicle dealer board is authorized and
An advertisement would include - ANSWER -D) empowered to - ANSWER -D) all of the above
all of the above
The federal odometer law declares that it is unlawful
The license of a new or used dealer, wholesale to do any of the following except - ANSWER -C)
auction dealer, or wholesaler may be denied, to operate a motor vehicle on any street, with the
suspended revoked or fined for the following - intent to defraud, knowing that the odometer is
ANSWER -D) all of the above disconnected
