SALES MASTERY EXAM Questions with Correct Answers
100% Verified Graded A+
1. 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 advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle
2. According to colorado law, which of the following must be licensed as a motor
vehicle dealer and or powersports dealer?
Answer All of the above
3. Colorado Lemon law covers
Answer defects that substantially impair the market value of the vehicle
4. 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?
Answer tax rate
5. The motor vehicle dealer board is authorized and empowered to
Answer All the above
1/
11
, 6. Local law enforcement officers must be notified within repossession of a motor
vehicle occurs
Answer 1 Hour
7. All motor vehicle dealers and power-sports dealers must post a clear, legible sign on their
principal place of business if
Answer they will be open less than 40 hours a week
8. A dealer may issue a temporary permits for each roadworthy vehicle sold-
Answer False
9. 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
Answer True
10. The Colorado's consumer protection act declares bait and switch advertis- ing to be
deceptive trade practice. Bait and switch advertising includes which of the following
Answer all of the above
11. Three of the following types of motor vehicles are exempt from the truth in mileage
act. Which one is not exempt?
2/
11
100% Verified Graded A+
1. 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 advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle
2. According to colorado law, which of the following must be licensed as a motor
vehicle dealer and or powersports dealer?
Answer All of the above
3. Colorado Lemon law covers
Answer defects that substantially impair the market value of the vehicle
4. 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?
Answer tax rate
5. The motor vehicle dealer board is authorized and empowered to
Answer All the above
1/
11
, 6. Local law enforcement officers must be notified within repossession of a motor
vehicle occurs
Answer 1 Hour
7. All motor vehicle dealers and power-sports dealers must post a clear, legible sign on their
principal place of business if
Answer they will be open less than 40 hours a week
8. A dealer may issue a temporary permits for each roadworthy vehicle sold-
Answer False
9. 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
Answer True
10. The Colorado's consumer protection act declares bait and switch advertis- ing to be
deceptive trade practice. Bait and switch advertising includes which of the following
Answer all of the above
11. Three of the following types of motor vehicles are exempt from the truth in mileage
act. Which one is not exempt?
2/
11
