A customer's trade-in vehicle on a financed deal may be sold: -
n n n n n n n n n n n
answer>>only when the financing has been approved
n n n n n n n
When advertising the sale of a specific motor vehicle. If not statement has been ma
n n n n n n n n n n n n n n
de concerning a specific-
n n n
time and of the advertised price, such vehicle shall be sold at the advertised price fo
n n n n n n n n n n n n n n n
r a period of fice days following the last date the ad was published - answer>>True?
n n n n n n n n n n n n n n n
When a salesperson leaves a dealer, the dealer must do all the following execpt: -
n n n n n n n n n n n n n n
answer>>Immediately employ a new salesperson, licensed or not
n n n n n n n n
Which of the following is considered prima facie evidence that a person is engaged
n n n n n n n n n n n n n n
in the business of setting of leasing motor vehicles or powersport vehicles -
n n n n n n n n n n n n
nanswer>>selling, leasing, exchanging, renting, with option to purchase, offering,
n n n n n n n n n
or negotiating, an exchange of interest in three or more vehicles or ten or more p
n n n n n n n n n n n n n n n
owersport vehicles in any one calendar year n n n n n n
What is the highest fine per offense (key word) that the motor vehicle dealer
n n n n n n n n n n n n n n
board or an admirative law judge may impose on a dealer who sells primarily v
n n n n n n n n n n n n n n
ehicles that weigh less than 1,500 pounds - answer>>$1,000
n n n n n n n n
The federal odometer law declares that it is unlawful to do any of the following exe
n n n n n n n n n n n n n n n
cpt: - answer>>to replace the odometer under certain circumstances
n n n n n n n n
,The license of a motor vehicle salesperson or power-
n n n n n n n n
sports salesperson may be denied, revoked or suspended on any of the following gr
n n n n n n n n n n n n n
ounds except: - n n
nanswer>>b) advertising a salvaged vehicle while identifying the vehicle as a salva
n n n n n n n n n n n
ge vehicle
n
According to colorado law, which of the following must be licensed as a motor vehic
n n n n n n n n n n n n n n
le dealer and or powersports dealer? - answer>>d) All of the above
n n n n n n n n n n n
Colorado Lemon law covers: - n n n n
answer>>c)defects that substantially impair the market value of a vehicle
n n n n n n n n n n
Three of the following are required to be disclosed in an advertisement when a dea
n n n n n n n n n n n n n n
ler is advertisement a closed end credit sale of a mother vehicle or powersports...e
n n n n n n n n n n n n n
xcept? - answer>>d) tax raten n n n
The motor vehicle dealer board is authorized and empowered to: -
n n n n n n n n n n
answer>>D)all of the above
n n n n
Local law enforcement officers must be notified within
n n n n n n n n
hours before or after n n n n
the repossession of a motor vehicle occurs: - answer>>A)1 hours
n n n n n n n n n
All motor vehicle dealers and power-
n n n n n
sports dealers must post a clear, legible sign on their principal place of business if: -
n n n n n n n n n n n n n n n
nanswer>>B) they will be open less than 40 hours a week
n n n n n n n n n n
,A dealer may issue a temporary permits for each roadworthy vehicle sold -
n n n n n n n n n n n n
answer>>B) false (verify)
n n n
The motor vehicle dealer board may be decide how large a fine to impose on a deal
n n n n n n n n n n n n n n n n
er who sells primarily vehicles that weigh 1,500 pounds or more so long as it does n
n n n n n n n n n n n n n n n n
ot exceed 5k - answer>>a)True (verify)
n n n n n
The Colorado's consumer protection act declares bait and switch advertising to be
n n n n n n n n n n n n
deceptive trade practice. Bait and switch advertising includes which of the followin
n n n n n n n n n n n
g - answer>>d)all of the above
n n n n n
Three of the following types of motor vehicles are exempt from the truth in mileag
n n n n n n n n n n n n n n
e act. Which one is not exempt? - answer>>B)motor vehicles with out-of-
n n n n n n n n n n n
state titles
n n
The motor vehicle dealer board does not have among its members -
n n n n n n n n n n n
answer>>c)three employees from the enforcement division
n n n n n n
What is the highest fine per offense that the motor vehicle dealer board or an a
n n n n n n n n n n n n n n n
dministrative law judge may impose on a dealer , who sells primarily vehicles th
n n n n n n n n n n n n n
at weigh less than 1,500 pounds - answer>>$1,000
n n n n n n n
Three of the following are characteristics of an off-
n n n n n n n n
premise permit. . Which one is not? -
n n n n n n n
answer>>The permit cannot exceed six days except for the national western stoc
n n n n n n n n n n n n
k show, the colorado state fair, greely stampede
n n n n n n n
, Which of the following is a true statement regarding dealers and buyers? -
n n n n n n n n n n n n
answer>>B) a dealer shall clearly indicate on the costumer contract when a vehicl
n n n n n n n n n n n n n
e sold "as is" and without a guarantee
n n n n n n n
When advertising a specific number of motor vehicles that same number of vehicle
n n n n n n n n n n n n
s must have been invoiced to the dealer - answer>>A)True
n n n n n n n n n
Dealers must either be self insured or have insurance for their vehicles -
n n n n n n n n n n n n
answer>>A)True
n
In transit plates may be used on motor vehicles -
n n n n n n n n n
nanswer>>D) consigned to wholesale auction dealers for transport from point of p
n n n n n n n n n n n
urchase to point of storage
n n n n
When a salesperson leaves a dealer, that dealer must do all of the following excep
n n n n n n n n n n n n n n
t - answer>>Immediately employ a new salesperson, licensed or not
n n n n n n n n n
The license of a new or used dealer, wholesale auction dealer or wholesaler may be
n n n n n n n n n n n n n n
denied suspended, revoked or fined for all of the following grounds except -
n n n n n n n n n n n n n
answer>>Employing a properly licensed salesperson
n n n n n
The only items that can be added to an advertised price are -
n n n n n n n n n n n n
answer>>C) Dealer handling and preparation charges
n n n n n n
n n n n n n n n n n n
answer>>only when the financing has been approved
n n n n n n n
When advertising the sale of a specific motor vehicle. If not statement has been ma
n n n n n n n n n n n n n n
de concerning a specific-
n n n
time and of the advertised price, such vehicle shall be sold at the advertised price fo
n n n n n n n n n n n n n n n
r a period of fice days following the last date the ad was published - answer>>True?
n n n n n n n n n n n n n n n
When a salesperson leaves a dealer, the dealer must do all the following execpt: -
n n n n n n n n n n n n n n
answer>>Immediately employ a new salesperson, licensed or not
n n n n n n n n
Which of the following is considered prima facie evidence that a person is engaged
n n n n n n n n n n n n n n
in the business of setting of leasing motor vehicles or powersport vehicles -
n n n n n n n n n n n n
nanswer>>selling, leasing, exchanging, renting, with option to purchase, offering,
n n n n n n n n n
or negotiating, an exchange of interest in three or more vehicles or ten or more p
n n n n n n n n n n n n n n n
owersport vehicles in any one calendar year n n n n n n
What is the highest fine per offense (key word) that the motor vehicle dealer
n n n n n n n n n n n n n n
board or an admirative law judge may impose on a dealer who sells primarily v
n n n n n n n n n n n n n n
ehicles that weigh less than 1,500 pounds - answer>>$1,000
n n n n n n n n
The federal odometer law declares that it is unlawful to do any of the following exe
n n n n n n n n n n n n n n n
cpt: - answer>>to replace the odometer under certain circumstances
n n n n n n n n
,The license of a motor vehicle salesperson or power-
n n n n n n n n
sports salesperson may be denied, revoked or suspended on any of the following gr
n n n n n n n n n n n n n
ounds except: - n n
nanswer>>b) advertising a salvaged vehicle while identifying the vehicle as a salva
n n n n n n n n n n n
ge vehicle
n
According to colorado law, which of the following must be licensed as a motor vehic
n n n n n n n n n n n n n n
le dealer and or powersports dealer? - answer>>d) All of the above
n n n n n n n n n n n
Colorado Lemon law covers: - n n n n
answer>>c)defects that substantially impair the market value of a vehicle
n n n n n n n n n n
Three of the following are required to be disclosed in an advertisement when a dea
n n n n n n n n n n n n n n
ler is advertisement a closed end credit sale of a mother vehicle or powersports...e
n n n n n n n n n n n n n
xcept? - answer>>d) tax raten n n n
The motor vehicle dealer board is authorized and empowered to: -
n n n n n n n n n n
answer>>D)all of the above
n n n n
Local law enforcement officers must be notified within
n n n n n n n n
hours before or after n n n n
the repossession of a motor vehicle occurs: - answer>>A)1 hours
n n n n n n n n n
All motor vehicle dealers and power-
n n n n n
sports dealers must post a clear, legible sign on their principal place of business if: -
n n n n n n n n n n n n n n n
nanswer>>B) they will be open less than 40 hours a week
n n n n n n n n n n
,A dealer may issue a temporary permits for each roadworthy vehicle sold -
n n n n n n n n n n n n
answer>>B) false (verify)
n n n
The motor vehicle dealer board may be decide how large a fine to impose on a deal
n n n n n n n n n n n n n n n n
er who sells primarily vehicles that weigh 1,500 pounds or more so long as it does n
n n n n n n n n n n n n n n n n
ot exceed 5k - answer>>a)True (verify)
n n n n n
The Colorado's consumer protection act declares bait and switch advertising to be
n n n n n n n n n n n n
deceptive trade practice. Bait and switch advertising includes which of the followin
n n n n n n n n n n n
g - answer>>d)all of the above
n n n n n
Three of the following types of motor vehicles are exempt from the truth in mileag
n n n n n n n n n n n n n n
e act. Which one is not exempt? - answer>>B)motor vehicles with out-of-
n n n n n n n n n n n
state titles
n n
The motor vehicle dealer board does not have among its members -
n n n n n n n n n n n
answer>>c)three employees from the enforcement division
n n n n n n
What is the highest fine per offense that the motor vehicle dealer board or an a
n n n n n n n n n n n n n n n
dministrative law judge may impose on a dealer , who sells primarily vehicles th
n n n n n n n n n n n n n
at weigh less than 1,500 pounds - answer>>$1,000
n n n n n n n
Three of the following are characteristics of an off-
n n n n n n n n
premise permit. . Which one is not? -
n n n n n n n
answer>>The permit cannot exceed six days except for the national western stoc
n n n n n n n n n n n n
k show, the colorado state fair, greely stampede
n n n n n n n
, Which of the following is a true statement regarding dealers and buyers? -
n n n n n n n n n n n n
answer>>B) a dealer shall clearly indicate on the costumer contract when a vehicl
n n n n n n n n n n n n n
e sold "as is" and without a guarantee
n n n n n n n
When advertising a specific number of motor vehicles that same number of vehicle
n n n n n n n n n n n n
s must have been invoiced to the dealer - answer>>A)True
n n n n n n n n n
Dealers must either be self insured or have insurance for their vehicles -
n n n n n n n n n n n n
answer>>A)True
n
In transit plates may be used on motor vehicles -
n n n n n n n n n
nanswer>>D) consigned to wholesale auction dealers for transport from point of p
n n n n n n n n n n n
urchase to point of storage
n n n n
When a salesperson leaves a dealer, that dealer must do all of the following excep
n n n n n n n n n n n n n n
t - answer>>Immediately employ a new salesperson, licensed or not
n n n n n n n n n
The license of a new or used dealer, wholesale auction dealer or wholesaler may be
n n n n n n n n n n n n n n
denied suspended, revoked or fined for all of the following grounds except -
n n n n n n n n n n n n n
answer>>Employing a properly licensed salesperson
n n n n n
The only items that can be added to an advertised price are -
n n n n n n n n n n n n
answer>>C) Dealer handling and preparation charges
n n n n n n
