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SALES MASTERY EXAM ( SET OF
QUESTIONS 1) ACTUAL QUESTIONS
AND ANSWERS | LATEST UPDATE 100%
SOLVED
Question : 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 answer: b) advertising a salvaged vehicle while
identifying the vehicle as a salvage vehicle
Question : According to colorado law, which of the
following must be licensed as a motor vehicle dealer and or powersports dealer?
Correct answer: d) All of the above
Question : Colorado Lemon law covers:
Correct answer: c)defects that substantially impair the
market value of a vehicle
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Question : 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 answer: d) tax rate
Question : The motor vehicle dealer board is authorized
and empowered to:
Correct answer: D)all of the above
Question : Local law enforcement officers must be
notified within 1 hours before or after the repossession of
a motor vehicle occurs:
Correct answer: A)1 hours
Question : All motor vehicle dealers and power-sports
dealers must post a celar, legible sign on their principal
place of business if:
Correct answer: B) they wull be open less than 40 hours a
week
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Question : A dealer may issue a temporary permits for
each roadworthy vehicle sold
Correct answer: B) false (verify)
Question : 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 moreso long as it does not exeed 5k
Correct answer: a)True (verify)
Question : The colorado consumer protection act declares
bait and switch advertising to be deceptive trade practice.Bait and switch advertising includes which of the following
Correct answer: d)all of the above
Question : Three of the following types of motor vehicles
are exempt from the truth in mileage act. Which one is not exempt?
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Correct answer: B)motor vehicles with out-of-state titles
Question : The motor vehicle dealer board does not have
among its members
Correct answer: c)three employees from the enforcement
division
Question : Three of the following are characteristics of an
off-premise permit. . WHich one is not?
Correct answer: The permit cannot exceed six days except
for the national western stock show, the colorado state fair, greely stampede
Question : Which of the following is a true statement
regarding dealers and buyers?
Correct answer: B) a dealer shall clearly indicate on the
costumer contract when a vehicle sold "as is" and withou a guarantee