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Terms in this set (237)
The license of a motor vehicle b) advertising a salvaged vehicle while identifying
salesperson or power-sports the vehicle as a salvage vehicle
salesperson may be denied, revoked
or suspended on any of the
following grounds except:
According to colorado law, which of d) All of the above
the following must be licensed as a
motor vehicle dealer and or
powersports dealer?
Colorado Lemon law covers: c)defects that substantially impair the market value
of a vehicle
Three of the following are required d) tax rate
to be disclosed in an advertisement
when a dealer is advertisement a
closed end credit sale of a mother
vehicle or powersports...except?
,The motor vehicle dealer board is D)all of the above
authorized and empowered to:
Local law enforcement officers must A)1 hours
be notified within ___ hours before or
after the repossession of a motor
vehicle occurs:
All motor vehicle dealers and B) they will be open less than 40 hours a week
power-sports dealers must post a
clear, legible sign on their principal
place of business if:
A dealer may issue a temporary B) false (verify)
permits for each roadworthy vehicle
sold
The motor vehicle dealer board may a)True (verify)
be decide how large a fine to
impose on a dealer who sells
primarily vehicles that weigh 1,500
pounds or more so long as it does
not exceed 5k
The Colorado's consumer protection d)all of the above
act declares bait and switch
advertising to be deceptive trade
practice. Bait and switch advertising
includes which of the following
Three of the following types of B)motor vehicles with out-of-state titles
motor vehicles are exempt from the
truth in mileage act. Which one is not
exempt?
, The motor vehicle dealer board does c)three employees from the enforcement division
not have among its members
What is the highest fine per offense $1,000
that the motor vehicle dealer board
or an administrative law judge may
impose on a dealer , who sells
primarily vehicles that weigh less
than 1,500 pounds
Three of the following are The permit cannot exceed six days except for the
characteristics of an off-premise national western stock show, the colorado state
permit. . Which one is not? fair, greely stampede
Which of the following is a true B) a dealer shall clearly indicate on the costumer
statement regarding dealers and contract when a vehicle sold "as is" and without a
buyers? guarantee
When advertising a specific number A)True
of motor vehicles that same number
of vehicles must have been invoiced
to the dealer
Dealers must either be self insured A)True
or have insurance for their vehicles
In transit plates may be used on D) consigned to wholesale auction dealers for
motor vehicles transport from point of purchase to point of
storage
When a salesperson leaves a dealer, Immediately employ a new salesperson, licensed
that dealer must do all of the or not
following except