State of Colorado sales license Test
(Pearls) Exam Questions With 100%
Verified Solutions
Three of the following are required to be disclosed in an
advertisement when a dealer is advertising a close-end credit
sale or a motor vehicle or power sport vehicle with a down
payment amount, payment amount, number of payment, period
of repayment or amount of financing charge. Which one is NOT
required? - ANSWER (C) amount of percentage of the down
payment
Three of the following are deceptive trade of practices. Which
one of the following is Not? - ANSWER (D) delivering goods as
promised
Member of motor vehicle dealer board must - ANSWER (C) be a
resident of the state for at least 5 years
Depot plates may be used during normal business hours to
transport a motor vehicle - ANSWER (D) all the above
The license of a motor vehicle sales person or a powersport
salesperson may be denied ,revoked , or suspended on any of
the following EXCEPT? - ANSWER (A) advertising a salvage
vehicle while identifying the vehicle as salvage vehicle
A dealer is required to conspicuously display in there place of
business the license of each sale person employed by the dealer
- ANSWER (A)true
, The license of a motor Sale person or powersport sale person
me be denied, revoked or suspended on any of the following
ground except - ANSWER (B) advertising a salvage vehicle
while identifying the vehicle as salvage
A new motor vehicle has three of the following characteristics.
Which one
doesn't it have? - ANSWER (B) title
Which of the following step are required to properly and legally
repossess a motor vehicle - ANSWER (A) effect a lien creating
a security interest
A dealer is responsible for taking written actions to attempt to
correct a misleading advertisement placed by a manufacturer if
the advertisement contains the dealer name - ANSWER (B)
False
A sales person can change dealer ship during a license year
provided that a change of employer notification form and fee is
summited to the board. It is unlawful for such a sales person to
act as a motor vehicle sales person of power sport sale person
until a new liscenes is procured - ANSWER False
All motor vehicle dealer and powersport dealer must post clear ,
legible signs on their principle place of businesses if? -
ANSWER
(B) if they will be open less than 40 hour per week
The motor vehicle dealer board is authorizing and empowered to
- ANSWER (D) all the above
-amends and repeal rules, regulation and prevision
(Pearls) Exam Questions With 100%
Verified Solutions
Three of the following are required to be disclosed in an
advertisement when a dealer is advertising a close-end credit
sale or a motor vehicle or power sport vehicle with a down
payment amount, payment amount, number of payment, period
of repayment or amount of financing charge. Which one is NOT
required? - ANSWER (C) amount of percentage of the down
payment
Three of the following are deceptive trade of practices. Which
one of the following is Not? - ANSWER (D) delivering goods as
promised
Member of motor vehicle dealer board must - ANSWER (C) be a
resident of the state for at least 5 years
Depot plates may be used during normal business hours to
transport a motor vehicle - ANSWER (D) all the above
The license of a motor vehicle sales person or a powersport
salesperson may be denied ,revoked , or suspended on any of
the following EXCEPT? - ANSWER (A) advertising a salvage
vehicle while identifying the vehicle as salvage vehicle
A dealer is required to conspicuously display in there place of
business the license of each sale person employed by the dealer
- ANSWER (A)true
, The license of a motor Sale person or powersport sale person
me be denied, revoked or suspended on any of the following
ground except - ANSWER (B) advertising a salvage vehicle
while identifying the vehicle as salvage
A new motor vehicle has three of the following characteristics.
Which one
doesn't it have? - ANSWER (B) title
Which of the following step are required to properly and legally
repossess a motor vehicle - ANSWER (A) effect a lien creating
a security interest
A dealer is responsible for taking written actions to attempt to
correct a misleading advertisement placed by a manufacturer if
the advertisement contains the dealer name - ANSWER (B)
False
A sales person can change dealer ship during a license year
provided that a change of employer notification form and fee is
summited to the board. It is unlawful for such a sales person to
act as a motor vehicle sales person of power sport sale person
until a new liscenes is procured - ANSWER False
All motor vehicle dealer and powersport dealer must post clear ,
legible signs on their principle place of businesses if? -
ANSWER
(B) if they will be open less than 40 hour per week
The motor vehicle dealer board is authorizing and empowered to
- ANSWER (D) all the above
-amends and repeal rules, regulation and prevision
