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State of Colorado Sales License Test (2023/2024) 100% Pass Three of the following types of motor vehicles are exempt from the truth in mileage act. ~Vehicles 10 years old or older~Vehicles having a gross empty weight more than 10,000 lbs~Vehicles not self propelled (Trailers) The definition of a used motor vehicle dealer or used dealer includes which of the following? a person who attempts to negotiate a sale or lease of a used motor vehicle or powersports vehicle with the intent to make a pro...

STATE OF COLORADO SALES LICENSE TEST (ACTUAL 2024/2025) QUESTIONS WITH ANSWERS

STATE OF COLORADO SALES LICENSE TEST

State of Colorado Sales License ACTUAL EXAM QUESTIONS AND VERIFIED DETAILED RATIONALES ANSWERS LATEST 2024/2025 [NEWEST] ALREADY GRADED A+ 1. Three of the following types of motor vehicles are exempt from the truth in mileage act.ACCURATE>>> ACCURATE>>> - ~Vehicles 10 years old or older~Vehicles having a gross empty weight more than 10,000 lbs~Vehicles not self propelled (Trailers) 2. The definition of a used motor vehicle dealer or used dealer includes which of the f...

State of Colorado Sales License Test EXAM Questions And Answers 2024 Three of the following types of motor vehicles are exempt from the truth in mileage act. - answer~Vehicles 10 years old or older~Vehicles having a gross empty weight more than 10,000 lbs~Vehicles not self propelled (Trailers) The definition of a used motor vehicle dealer or used dealer includes which of the following? - answera person who attempts to negotiate a sale or lease of a used motor vehicle or powersports vehicle with ...

STATE OF COLORADO SALES LICENSE EXAM 2024/ACTUAL EXAM WITH 100+ QUESTIONS AND CORRECT DETAILED ANSWERS/LATEST

1. What is the criminal penalty for engaging in the real estate brokerage business in Texas without first becoming licensed by TREC? (a) A fine of up to $5,000 per day (b) Triple damages (c) A fine of not more than $4,000 (d) Imprisonment for up to 2 years - Answer C 2. An individual has successfully sued a license holder in connection with a single transaction and won a judgment for $110,000. The license holder has declared bankruptcy and TREC has agreed to pay out of the reco...

The license of a motor vehicle salesperson or power-sports salesperson may be denied,revoked or suspended on any of the following grounds except: - Answer b) 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? - Answer d) All of the above Colorado Lemon law covers: - Answer c)defects that substantially impair the market value of a ve...

Which of the following is an example of a "new" motor vehicle? 1. A farm tractor which ha snot been used 2. A motor vehicle which has been used for less than 4 months by a prior owner 3. A demonstration vehicle with 1300 miles 4. A motor vehicle titles in the name of a private party - Answer Which of the following is true about Colorao's Lemon Law? - Answer A salesperson can change dealerships during the licensing year provided that a change of employer notification form a...

STATE OF COLORADO SALES LICENSE TEST EXAM LATEST 2023 QUESTIONS AND ANSWERS |ALREADY UPDATED 100% On Sunday(s), dealers are prohibited from selling all of the following except? - ANSWER-( C) Powersport Vehicles The licenses of a new or used dealer, wholesale auction dealer, or whole sales may be denied, suspended, revoked or fined for the following: - ANSWER-(D) All of the above Colorado's Lemon Law covers: - ANSWER-(C) defects that substantially impair market vale of a vehicle...

State Of Colorado Sales License Test Questions With Correct Answers RATED A+ Updated 2024 Three of the following types of motor vehicles are exempt from the truth in mileage act. - ️️ -~Vehicles 10 years old or older~Vehicles having a gross empty weight more than 10,000 lbs~Vehicles not self propelled (Trailers) The definition of a used motor vehicle dealer or used dealer includes which of the following? - ️️ -a person who attempts to negotiate a sale or lease of a used motor vehi...