Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

MASTERY EXAM,CAR SALES TEST COLORADO WITH CORRECT ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 – 2025 ALREADY GRADED A+

Rating
-
Sold
-
Pages
69
Grade
A+
Uploaded on
30-03-2025
Written in
2024/2025

MASTERY EXAM,CAR SALES TEST COLORADO WITH CORRECT ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 – 2025 ALREADY GRADED A+

Institution
,CAR SALES
Course
,CAR SALES

Content preview

1|Page



MASTERY EXAM,CAR SALES TEST COLORADO WITH
CORRECT ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST 2024 – 2025
ALREADY GRADED A+
The license of a motor vehicle salesperson or power-sports salesperson may be
denied, revoked or suspended on any of the following grounds except: -
(answers)b) advertising a salvaged vehicle while identifying the vehicle as a
salvage vehicle



Colorado Lemon law covers: - (answers)c)defects that substantially impair the
market value of a 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? - (answers)d) tax rate



The motor vehicle dealer board is authorized and empowered to: - (answers)D)all
of the above



Local law enforcement officers must be notified within ___ hours before or after
the repossession of a motor vehicle occurs: - (answers)A)1 hours



All motor vehicle dealers and power-sports dealers must post a clear, legible sign
on their principal place of business if: - (answers)B) they will be open less than 40
hours a week

,2|Page


A dealer may issue a temporary permits for each roadworthy vehicle sold -
(answers)B) false (verify)



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 - (answers)a)True (verify)



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 - (answers)d)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? - (answers)B)motor vehicles with out-of-
state titles



The motor vehicle dealer board does not have among its members -
(answers)c)three employees from the enforcement division



What is the highest fine per offense that the motor vehicle dealer board or an
administrative law judge may impose on a dealer , who sells primarily vehicles
that weigh less than 1,500 pounds - (answers)$1,000



Three of the following are characteristics of an off-premise permit. . Which one is
not? - (answers)The permit cannot exceed six days except for the national
western stock show, the colorado state fair, greely stampede

,3|Page


Which of the following is a true statement regarding dealers and buyers? -
(answers)B) a dealer shall clearly indicate on the costumer contract when a
vehicle sold "as is" and without a guarantee



When advertising a specific number of motor vehicles that same number of
vehicles must have been invoiced to the dealer - (answers)A)True



Dealers must either be self insured or have insurance for their vehicles -
(answers)A)True



In transit plates may be used on motor vehicles - (answers)D) consigned to
wholesale auction dealers for transport from point of purchase to point of storage



When a salesperson leaves a dealer, that dealer must do all of the following
except - (answers)Immediately employ a new salesperson, licensed or not



The license of a new or used dealer, wholesale auction dealer or wholesaler may
be denied suspended, revoked or fined for all of the following grounds except -
(answers)Employing a properly licensed salesperson



The only items that can be added to an advertised price are - (answers)C) Dealer
handling and preparation charges

, 4|Page


The license of a motor vehicle salesperson or a powersports salesperson may be
denied, revoked, or suspended on any of the following grounds except: -
(answers)D)using point of sale literature in advertising



A buyer agent may - (answers)be retained or hired by a consumer to assist,
represent, or act on behalf of such

consumer in connection with the purchase or lease of a motor vehicle



Three of the following are deceptive trade practices. Which of the following is
not? - (answers)Delivering goods as promised



A new or used motor vehicle dealer may legally do which of the following with a
temporary permit? - (answers)Issue a permit for a demonstration drive by a
consumer



Re federal cash reporting rule requires dealers to file form 83000.... - (answers)15
Days



A new motor vehicle has three of the following characteristics. Which one doesn't
it have? - (answers)D) a title



A dealer wholesaler or salespersons convicted of any felony or any crime.. Has
how many days to report conviction? - (answers)A ) 30 Days

Written for

Institution
,CAR SALES
Course
,CAR SALES

Document information

Uploaded on
March 30, 2025
Number of pages
69
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Free
Get access to the full document:
Download

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller
Seller avatar
Nelly003

Get to know the seller

Seller avatar
Nelly003 Teachme2-tutor
Follow You need to be logged in order to follow users or courses
Sold
454
Member since
1 year
Number of followers
2
Documents
3049
Last sold
18 hours ago

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions