Mastery Exam with well illustrated answers.

Mastery Exam with well illustrated answers. The blicense bof ba bmotor bvehicle bsalesperson bor bpower-sports bsalesperson bmay bbe bdenied, brevoked bor bsuspended bon bany bof bthe bfollowing bgrounds bexcept: b- bcorrect banswers. bb) badvertising ba bsalvaged bvehicle bwhile bidentifying bthe bvehicle bas ba bsalvage bvehicle According bto bcolorado blaw, bwhich bof bthe bfollowing bmust bbe blicensed bas ba bmotor bvehicle bdealer band bor bpowersports bdealer? b- bcorrect banswers. bd) bAll bof bthe babove Colorado bLemon blaw bcovers: b- bcorrect banswers. bc)defects bthat bsubstantially bimpair bthe bmarket bvalue bof ba bvehicle Three bof bthe bfollowing bare brequired bto bbe bdisclosed bin ban badvertisement bwhen ba bdealer bis badvertisement ba bclosed bend bcredit bsale bof ba bmother bvehicle bor bpowersports...except? b- bcorrect banswers. bd) btax brate The bmotor bvehicle bdealer bboard bis bauthorized band bempowered bto: b- bcorrect banswers. bD)all bof bthe babove Local blaw benforcement bofficers bmust bbe bnotified bwithin b___ bhours bbefore bor bafter bthe brepossession bof ba bmotor bvehicle boccurs: b- bcorrect banswers. bA)1 bhours All bmotor bvehicle bdealers band bpower-sports bdealers bmust bpost ba bclear, blegible bsign bon btheir bprincipal bplace bof bbusiness bif: b- bcorrect banswers. bB) bthey bwill bbe bopen bless bthan b40 bhours ba bweek A bdealer bmay bissue ba btemporary bpermits bfor beach broadworthy bvehicle bsold b- bcorrect banswers. bB) bfalse b(verify) The bmotor bvehicle bdealer bboard bmay bbe bdecide bhow blarge ba bfine bto bimpose bon ba bdealer bwho bsells bprimarily bvehicles bthat bweigh b1,500 bpounds bor bmore bso blong bas bit bdoes bnot bexceed b5k b- bcorrect banswers. ba)True b(verify) The bColorado's bconsumer bprotection bact bdeclares bbait band bswitch badvertising bto bbe bdeceptive btrade bpractice. bBait band bswitch badvertising bincludes bwhich bof bthe bfollowing b- bcorrect banswers. bd)all bof bthe babove Three bof bthe bfollowing btypes bof bmotor bvehicles bare bexempt bfrom bthe btruth bin bmileage bact. bWhich bone bis bnot bexempt? b- bcorrect banswers. bB)motor bvehicles bwith bout-of-state btitles The bmotor bvehicle bdealer bboard bdoes bnot bhave bamong bits bmembers b- bcorrect banswers. bc)three bemployees bfrom bthe benforcement bdivision What bis bthe bhighest bfine bper boffense bthat bthe bmotor bvehicle bdealer bboard bor ban badministrative blaw bjudge bmay bimpose bon ba bdealer b, bwho bsells bprimarily bvehicles bthat bweigh bless bthan b1,500 bpounds b- bcorrect banswers. b$1,000 Three bof bthe bfollowing bare bcharacteristics bof ban boff-premise bpermit. b. bWhich bone bis bnot? b- bcorrect banswers. bThe bpermit bcannot bexceed bsix bdays bexcept bfor bthe bnational bwestern bstock bshow, bthe bcolorado bstate bfair, bgreely bstampede Which bof bthe bfollowing bis ba btrue bstatement bregarding bdealers band bbuyers? b- bcorrect banswers. bB) ba bdealer bshall bclearly bindicate bon bthe bcostumer bcontract bwhen ba bvehicle bsold b"as bis" band bwithout ba bguarantee When badvertising ba bspecific bnumber bof bmotor bvehicles bthat bsame bnumber bof bvehicles bmust bhave bbeen binvoiced bto bthe bdealer b- bcorrect banswers. bA)True Dealers bmust beither bbe bself binsured bor bhave binsurance bfor btheir bvehicles b- bcorrect banswers. bA)True In btransit bplates bmay bbe bused bon bmotor bvehicles b- bcorrect banswers. bD) bconsigned bto bwholesale bauction bdealers bfor btransport bfrom bpoint bof bpurchase bto bpoint bof bstorage When ba bsalesperson bleaves ba bdealer, bthat bdealer bmust bdo ball bof bthe bfollowing bexcept b- bcorrect banswers. bImmediately bemploy ba bnew bsalesperson, blicensed bor bnot The blicense bof ba bnew bor bused bdealer, bwholesale bauction bdealer bor bwholesaler bmay bbe bdenied bsuspended, brevoked bor bfined bfor ball bof bthe bfollowing bgrounds bexcept b- bcorrect banswers. bEmploying ba bproperly blicensed bsalesperson The bonly bitems bthat bcan bbe badded bto ban badvertised bprice bare b- bcorrect banswers. bC) bDealer bhandling band bpreparation bcharges The blicense bof ba bmotor bvehicle bsalesperson bor ba bpowersports bsalesperson bmay bbe bdenied, brevoked, bor bsuspended bon bany bof bthe bfollowing bgrounds bexcept: b- bcorrect banswers. bD)using bpoint bof bsale bliterature bin badvertising A bbuyer bagent bmay b- bcorrect banswers. bbe bretained bor bhired bby ba bconsumer bto bassist, brepresent, bor bact bon bbehalf bof bsuch consumer bin bconnection bwith bthe bpurchase bor blease bof ba bmotor bvehicle Three bof bthe bfollowing bare bdeceptive btrade bpractices. bWhich bof bthe bfollowing bis bnot? b- bcorrect banswers. bDelivering bgoods bas bpromised A bnew bor bused bmotor bvehicle bdealer bmay blegally bdo bwhich bof bthe bfollowing bwith ba btemporary bpermit? b- bcorrect banswers. bIssue ba bpermit bfor ba bdemonstration bdrive bby ba bconsumer Re bfederal bcash breporting brule brequires bdealers bto bfile bform b83000.... b- bcorrect banswers. b15 bDays A bnew bmotor bvehicle bhas bthree bof bthe bfollowing bcharacteristics. bWhich bone bdoesn't bit bhave? b- bcorrect banswers. bD) ba btitle A bdealer bwholesaler bor bsalespersons bconvicted bof bany bfelony bor bany bcrime.. bHas bhow bmany bdays bto breport bconviction? b- bcorrect banswers. bA b) b30 bDays Three bof bthe bfollowing bare brequire bwhen ba bdealer bis badvertising ba blease bof ba ba bmotor bvehicle bor bpowersports bvehicle bwith ba bpayment bamount bwhich bone bis bnot brequired? b- bcorrect banswers. bD) bdisclosing bthe bcost bof bleasing bversus bthe bcost bof bpurchasing The bdefinition bof ba bused bmother bvehicle bdealer bor bused bpowersports bdealer bincludes bwhich bof bthe bfollowing b? b- bcorrect banswers. bA bperson bwho battempts bto bnegotiate ba bsale bor blease bof ba bused bmotor bvehicle bor bpowersports bvehicle bwith bthe bintent bto bmake ba bprofit bor bgain A bcustomer's btrade- bin bvehicle bon ba bfinanced bdeal bmay bbe bsold b- bcorrect banswers. bD) bonly bwhen bthe bfinancing bhas bbeen bapproved Wholesalers b: b- bcorrect banswers. bC)must buse ba bname bother bthan btheir bpersonal bname bon ball bbusiness bdocuments A bdealer bis brequired bto bhave bon bfile bthe blicenses bof beach bof btheir bemployed bsalespersons bbut bneed bnot bdisplay bthem bin btheir bplace bof bbusiness b- bcorrect banswers. bFalse The blicense bof ba bmotor bvehicle bsalesperson bor ba bpowersports bsalesperson bmay bbe bdenied, brevoked bor bsuspended bon bthe bfollowing bgrounds b- bcorrect banswers. bD) ball bof bthe babove A bdealer bmust btake bin bthe btitle bin btheir bown bname bbefore bselling ba bcar bto bretail bcustomer b- bcorrect banswers. bB) bFalse A bsalesperson bcan bchange bdealerships bduring bthe blicensing byear bprovided bthat bthe bcorrect bform band bfee bis bsubmitted bto bthe bboard bsuch bsales bperson bmay bbegin bwork bas ba bmotor bvehicle bsalespersons bor bpowersports bsalesperson bwhile bawaiting ba bnew blicense bfrom bthe bboard b- bcorrect banswers. bB) bFalse Records bof bvehicles btransfers band bodometer bstatements bmust bbe bretained bfor: b- bcorrect banswers. bC) b5 byear Motor bvehicle bdealers, bpowersport bdealers, bused bmotor bvehicle bdealers, bused bpowersports bdealers bor bwholesalers bare bnot brequired bto breport bto bthe bdealer bboard b- bcorrect banswers. bB) bany bchange bin bthe bhours bof boperation bof bthe bbusiness bwhen bthe bbusiness bcontinues bfull btime b(review) Which bof bthe bfollowing bwould bindicate ba bmotor bvehicle bis b"used" b- bcorrect banswers. bA bcertificate bof btitle bhas bbeen bissued A bmotor bvehicle bdealer bis bresponsible bfor b: b- bcorrect banswers. bD) ball bof bthe babove An badvertisement bwould binclude b- bcorrect banswers. bD) ball bof bthe babove The blicense bof ba bnew bor bused bdealer, bwholesale bauction bdealer, bor bwholesaler bmay bbe bdenied, bsuspended brevoked bor bfined bfor bthe bfollowing b- bcorrect banswers. bD) ball bof bthe babove Which bof bthe bfollowing bis ba bdeceptive btrade bpractice? b- bcorrect banswers. bD) bAll bof bthe babove bare bdeceptive btrade bpractices Demonstration bplates bcan bbe bdisplayed bon bvehicles bthat bare bused bby bthe bdealership bfor bany bcommercial bpurpose b- bcorrect banswers. btrue A bdealers badvertising bmust bcontain bthe bdealers blicensed bname band bthe bwords b- bcorrect banswers. bC) bdealer Which bof bthe bfollowing bdoes bnot bfit bthe bdefinition bof ba bmotor bvehicle bdealer b- bcorrect banswers. bC) bsomeone bwho bsells bmotor bvehicles bsolely bto bwholesalers Depot bplates bmay bbe bused bduring bnormal bbusiness bhours bto btransport ba bmotor bvehicle b- bcorrect banswers. bD b) ball bof bthe babove Licensed bpowersport bdealers bmay bnot bsell bpowersports bon bSundays b( bverify) b- bcorrect banswers. bFalse By bdefinition ban badvertisement bmay binclude bany bcommercial bmessage bon bany bcomputer bdisplay bor bwindow, bdisplay bwhich bis bdelivered bor bmade bavailable bto ba bcustomer bor bprospective bcustomer bin bany bmanner bwhatsoever b- bcorrect banswers. bTrue b( bverify) The bmotor bVehicle bdealer bboard bis bauthorized band bempowered bto b- bcorrect banswers. bD) ball bof bthe babove The bfederal bodometer blaw bdeclares bthat bit bis bunlawful bto bdo bany bof bthe bfollowing bexcept b- bcorrect banswers. bC) bto boperate ba bmotor bvehicle bon bany bstreet, bwith bthe bintent bto bdefraud, bknowing bthat bthe bodometer bis bdisconnected