questions with answers |\ |\
The license of a motor vehicle salesperson or power-sports
|\ |\ |\ |\ |\ |\ |\ |\ |\
salesperson may be denied, revoked or suspended on any of the
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
following grounds except: - CORRECT ANSWERS ✔✔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? -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔All of the above
|\ |\ |\ |\ |\
Colorado Lemon law covers: - CORRECT ANSWERS ✔✔defects
|\ |\ |\ |\ |\ |\ |\ |\
that substantially impair the market value of the vehicle
|\ |\ |\ |\ |\ |\ |\ |\
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 powersports...except? -
|\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔tax rate |\ |\ |\
The motor vehicle dealer board is authorized and empowered to:
|\ |\ |\ |\ |\ |\ |\ |\ |\
- CORRECT ANSWERS ✔✔All the above
|\ |\ |\ |\ |\ |\
The motor vehicle dealer board is authorized and empowered to:
|\ |\ |\ |\ |\ |\ |\ |\ |\
- CORRECT ANSWERS ✔✔All the above
|\ |\ |\ |\ |\ |\
, Local law enforcement officers must be notified within
|\ |\ |\ |\ |\ |\ |\ |\
repossession of a motor vehicle occurs: - CORRECT ANSWERS |\ |\ |\ |\ |\ |\ |\ |\ |\
✔✔1 Hour |\
All motor vehicle dealers and power-sports dealers must post a
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
clear, legible sign on their principal place of business if: -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔they will be open less than 40 hours a
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
week
A dealer may issue a temporary permits for each roadworthy
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
vehicle sold - CORRECT ANSWERS ✔✔False
|\ |\ |\ |\ |\
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 more so long as it does not exceed 5k -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔True |\ |\
The Colorado's consumer protection act declares bait and switch
|\ |\ |\ |\ |\ |\ |\ |\ |\
advertising to be deceptive trade practice. Bait and switch |\ |\ |\ |\ |\ |\ |\ |\ |\
advertising includes which of the following - CORRECT ANSWERS |\ |\ |\ |\ |\ |\ |\ |\ |\
✔✔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? - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔motor vehicles with out-of-state titles |\ |\ |\ |\ |\
The motor vehicle dealer board does not have among its
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
members - CORRECT ANSWERS ✔✔three employees from the|\ |\ |\ |\ |\ |\ |\ |\
enforcement division |\