Colorado /
Sales Test Questions With Correct Answers
/ // // // // //
The /
/definition /
/of //
a/
/used //motor //vehicle //dealer //or //used //powersports //dealer //includes //which //of //the //following?
//- /
/correct /
/answer(s) /
/✔✔ //
a/
/person /
/who /
/attempts /
/to /
/negotiate //
a/
/sale /
/or /
/lease /
/of //
a //used //motor //vehicle //or //powersports //vehicle //with //the //intent //to //make //a //profit //or //gain
Motor //vehicles //may //be //sold //on //Sunday //(s) //- //correct //answer(s) //✔✔ //False
Selling, /
/leasing, /
/exchanging, /
/renting /
/with /
/option /
,/to /
/purchase, /
/offering, /
/or //negotiating //an //exchange //of //interest //in //three //(3) //or //more //motor //vehicles //or //three //(3)
//or /
/more /
/powersports /
/vehicles /
/in /
/any /
/one /
/calendar /
/year, /
/shall /
/be /
/prima /
/facie /
/evidence /
/that //
a/
/person /
/is /
/engaged /
/in /
/the /
/business /
/of /
/selling //or //leasing //motor //vehicles //or //powersports //vehicles //- //correct //answer(s) //✔✔ //False
Colorado's //Lemon //Law //covers //- //correct //answer(s) //✔✔ //new //self-
propelled //vehicles, //including //pickups //and //vans
All /
/motor /
/vehicle /
/dealers //and //powersports //dealers //must //be //open //to //inspection //(of //books //and //records) //by
, the /
//
/motor /
/vehicle /
/board /
/and //its //agents //- //correct //answer(s) //✔✔ //Monday //through //Friday //from //9 //A.M. //to //5 //P.M
If //an //advertisement //for //a //closed-
end /
/credit /
/sale /
/contains /
/the /
/down /
/payment /
/amount, /
/payment /
/amount, /
/number /
/of /
/payments, /
/and /
/period /
/of /
/repayment, /
/the /
/annual //percentage //rate //does //not //need //to //be //disclosed //- //correct //answer(s) //✔✔ //False
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 //1,500 //pounds //or //more? //- //correct //answer(s) //✔✔ //$10,000
Licensed /
/powersport /
/dealers //may //not //sell //powersports //on //Sunday(s) //- //correct //answer(s) //✔✔ //False
The /
/Motor /
/Vehicle /
/Dealer /
/Board /
/is /
/authorized /
/and /
/empowered /
/to //- /
/correct //answer(s) //✔✔ //- //Issue //licenses //to //and //regulate //wholsalers //- //impose //a //fine //of //up
//to /
/$20,000 /
/for //each //separate //offense //- //act //as //an //enforcement //arm //in //licensing //and //regulation
Sales Test Questions With Correct Answers
/ // // // // //
The /
/definition /
/of //
a/
/used //motor //vehicle //dealer //or //used //powersports //dealer //includes //which //of //the //following?
//- /
/correct /
/answer(s) /
/✔✔ //
a/
/person /
/who /
/attempts /
/to /
/negotiate //
a/
/sale /
/or /
/lease /
/of //
a //used //motor //vehicle //or //powersports //vehicle //with //the //intent //to //make //a //profit //or //gain
Motor //vehicles //may //be //sold //on //Sunday //(s) //- //correct //answer(s) //✔✔ //False
Selling, /
/leasing, /
/exchanging, /
/renting /
/with /
/option /
,/to /
/purchase, /
/offering, /
/or //negotiating //an //exchange //of //interest //in //three //(3) //or //more //motor //vehicles //or //three //(3)
//or /
/more /
/powersports /
/vehicles /
/in /
/any /
/one /
/calendar /
/year, /
/shall /
/be /
/prima /
/facie /
/evidence /
/that //
a/
/person /
/is /
/engaged /
/in /
/the /
/business /
/of /
/selling //or //leasing //motor //vehicles //or //powersports //vehicles //- //correct //answer(s) //✔✔ //False
Colorado's //Lemon //Law //covers //- //correct //answer(s) //✔✔ //new //self-
propelled //vehicles, //including //pickups //and //vans
All /
/motor /
/vehicle /
/dealers //and //powersports //dealers //must //be //open //to //inspection //(of //books //and //records) //by
, the /
//
/motor /
/vehicle /
/board /
/and //its //agents //- //correct //answer(s) //✔✔ //Monday //through //Friday //from //9 //A.M. //to //5 //P.M
If //an //advertisement //for //a //closed-
end /
/credit /
/sale /
/contains /
/the /
/down /
/payment /
/amount, /
/payment /
/amount, /
/number /
/of /
/payments, /
/and /
/period /
/of /
/repayment, /
/the /
/annual //percentage //rate //does //not //need //to //be //disclosed //- //correct //answer(s) //✔✔ //False
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 //1,500 //pounds //or //more? //- //correct //answer(s) //✔✔ //$10,000
Licensed /
/powersport /
/dealers //may //not //sell //powersports //on //Sunday(s) //- //correct //answer(s) //✔✔ //False
The /
/Motor /
/Vehicle /
/Dealer /
/Board /
/is /
/authorized /
/and /
/empowered /
/to //- /
/correct //answer(s) //✔✔ //- //Issue //licenses //to //and //regulate //wholsalers //- //impose //a //fine //of //up
//to /
/$20,000 /
/for //each //separate //offense //- //act //as //an //enforcement //arm //in //licensing //and //regulation
