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STATE OF COLORADO SALES LICENSE
TEST BRAND NEW ACTUAL EXAM WITH
ANSWERS.
Which of the following is a deceptive trade practice? - correct
answer -All of the above
Demo plates can be displayed on vehicles that are used by the
dealership for any commercial purpose - correct answer -True
Which of the following does not fit the definition of a motor vehicle
dealer - correct answer -someone who sells motor vehicles solely
to wholesalers
Depot plates may be used during normal business hours to
transport a motor vehicle - correct answer -All of the above
By definition an advertisement may include any commercial
message on any computer display or window, display which is
delivered or made available to a customer or prospective
customer in any manner whatsoever - correct answer -True
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The federal odometer law declares that it is unlawful to do any of
the following except - correct answer -to operate a motor vehicle
on any street, with the intent to defraud, knowing that the
odometer is disconnected
Dealer demo plates may be used on motor vehicles - correct
answer -properly assigned in the name of the dealership
New and used motor vehicle dealers, powersports dealers, and
wholesale auction dealers are required to have a surety bond -
correct answer -All of the above
Motor vehicle and powersport salespeople are required to have a
surety bond in the amount of : - correct answer -$15,000
Which of the following steps are require to properly and legally
repossess a mother vehicle - correct answer -Effect a lien
creating a security interest
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Which of the following motor vehicles may be sold on Sundays? -
correct answer -Snowmobiles
Which of the following is considered a violation of the truth in
mileage act? - correct answer -upon service, repair, or
replacement, resetting the odometer to zero when the odometer is
incapable of registering the same mileage at the time of
replacement
All motor vehicle dealers and powersports dealers must be open:
- correct answer -A minimum of 12 hours per week
Full-use dealer plates can be displayed on all vehicles owned and
offered for sale by a dealer or wholesaler, except those that are
used on tow vehicles or parts delivery/pickup vehicles. - correct
answer -FALSE
When a salesperson leaves a dealer, that dealer must return that
salespersons license to the Auto Industry Division. - correct
answer -False
STATE OF COLORADO SALES LICENSE
TEST BRAND NEW ACTUAL EXAM WITH
ANSWERS.
Which of the following is a deceptive trade practice? - correct
answer -All of the above
Demo plates can be displayed on vehicles that are used by the
dealership for any commercial purpose - correct answer -True
Which of the following does not fit the definition of a motor vehicle
dealer - correct answer -someone who sells motor vehicles solely
to wholesalers
Depot plates may be used during normal business hours to
transport a motor vehicle - correct answer -All of the above
By definition an advertisement may include any commercial
message on any computer display or window, display which is
delivered or made available to a customer or prospective
customer in any manner whatsoever - correct answer -True
, Page | 2
The federal odometer law declares that it is unlawful to do any of
the following except - correct answer -to operate a motor vehicle
on any street, with the intent to defraud, knowing that the
odometer is disconnected
Dealer demo plates may be used on motor vehicles - correct
answer -properly assigned in the name of the dealership
New and used motor vehicle dealers, powersports dealers, and
wholesale auction dealers are required to have a surety bond -
correct answer -All of the above
Motor vehicle and powersport salespeople are required to have a
surety bond in the amount of : - correct answer -$15,000
Which of the following steps are require to properly and legally
repossess a mother vehicle - correct answer -Effect a lien
creating a security interest
, Page | 3
Which of the following motor vehicles may be sold on Sundays? -
correct answer -Snowmobiles
Which of the following is considered a violation of the truth in
mileage act? - correct answer -upon service, repair, or
replacement, resetting the odometer to zero when the odometer is
incapable of registering the same mileage at the time of
replacement
All motor vehicle dealers and powersports dealers must be open:
- correct answer -A minimum of 12 hours per week
Full-use dealer plates can be displayed on all vehicles owned and
offered for sale by a dealer or wholesaler, except those that are
used on tow vehicles or parts delivery/pickup vehicles. - correct
answer -FALSE
When a salesperson leaves a dealer, that dealer must return that
salespersons license to the Auto Industry Division. - correct
answer -False
