SALES MASTERY EXAM SET OF QUESTIONS WITH
ANSWERS #2
The license of a motor vehicle salesperson or power-sports salesperson may be
denied,revoked or suspended on any of the following grounds except: - correct answer
b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle
According to colorado law, which of the following must be licensed as a motor vehicle
dealer and or powersports dealer? - correct answer d) All of the above
Colorado Lemon law covers: - correct answer 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? -
correct answer d) tax rate
The motor vehicle dealer board is authorized and empowered to: - correct answer D)all
of the above
Local law enforcement officers must be notified within 1 hours before or after the
repossession of a motor vehicle occurs: - correct answer A)1 hours
All motor vehicle dealers and power-sports dealers must post a celar, legible sign on
their principal place of business if: - correct answer B) they wull be open less than 40
hours a week
A dealer may issue a temporary permits for each roadworthy vehicle sold - correct
answer 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 moreso long as it does not
exeed 5k - correct answer a)True (verify)
The colorado consumer protection act declares bait and switch advertising to be
deceptive trade practice. Bait and switch advertising includes which of the following -
correct answer 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? - correct answer B)motor vehicles with out-of-state titles
The motor vehicle dealer board does not have among its members - correct answer
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 wigh
less than 1,500 pounds - correct answer $1,000
Three of the following are characteristics of an off-premise permit. . Which one is not? -
correct answer The permit cannot exceed six days except for the national western stock
show, the colorado state fair, greely stampede
Which of the following is a true statement regarding dealers and buyers? - correct
answer B) a dealer shall clearly indicate on the costumer contract when a vehicle sold
"as is" and withou a guarantee
When advertising a specific number of motor vehicles that same number of vehicles
must have been invoiced to the dealer - correct answer A)True
Dealers must either be self insured or have insurance for their vehicles - correct answer
A)True
In transite plates may be used on motor vehicles - correct answer 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 -
correct answer 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 - correct
answer Employing a properly licensed salesperson
The only items that can be added to an advertised price are - correct answer C) Dealer
handling and preparation charges
The license of a motor vehicle salesperson or a powersports salesperson may be
denied,revoked, or suspended on any of the followin grounds except: - correct answer
D)using point of sale literature in advertising
Which of the following is true about colorado's lemon law? - correct answer C) "a
reasonable number of attempts" to repair applied when the moter vehicle has been out
of service for repairs a cumulative toal of 30 or more business days during the warranty
term or 1 year from date of delivery
Three of the following are deceptive trade practices. Which of the following is not ? -
correct answer Delivering goods as promised
A new or used motor vehicle dealer may legally do which of the following with a
temporary permit? - correct answer Issue a permit for a demonstration drive by a
consumer
ANSWERS #2
The license of a motor vehicle salesperson or power-sports salesperson may be
denied,revoked or suspended on any of the following grounds except: - correct answer
b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle
According to colorado law, which of the following must be licensed as a motor vehicle
dealer and or powersports dealer? - correct answer d) All of the above
Colorado Lemon law covers: - correct answer 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? -
correct answer d) tax rate
The motor vehicle dealer board is authorized and empowered to: - correct answer D)all
of the above
Local law enforcement officers must be notified within 1 hours before or after the
repossession of a motor vehicle occurs: - correct answer A)1 hours
All motor vehicle dealers and power-sports dealers must post a celar, legible sign on
their principal place of business if: - correct answer B) they wull be open less than 40
hours a week
A dealer may issue a temporary permits for each roadworthy vehicle sold - correct
answer 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 moreso long as it does not
exeed 5k - correct answer a)True (verify)
The colorado consumer protection act declares bait and switch advertising to be
deceptive trade practice. Bait and switch advertising includes which of the following -
correct answer 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? - correct answer B)motor vehicles with out-of-state titles
The motor vehicle dealer board does not have among its members - correct answer
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 wigh
less than 1,500 pounds - correct answer $1,000
Three of the following are characteristics of an off-premise permit. . Which one is not? -
correct answer The permit cannot exceed six days except for the national western stock
show, the colorado state fair, greely stampede
Which of the following is a true statement regarding dealers and buyers? - correct
answer B) a dealer shall clearly indicate on the costumer contract when a vehicle sold
"as is" and withou a guarantee
When advertising a specific number of motor vehicles that same number of vehicles
must have been invoiced to the dealer - correct answer A)True
Dealers must either be self insured or have insurance for their vehicles - correct answer
A)True
In transite plates may be used on motor vehicles - correct answer 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 -
correct answer 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 - correct
answer Employing a properly licensed salesperson
The only items that can be added to an advertised price are - correct answer C) Dealer
handling and preparation charges
The license of a motor vehicle salesperson or a powersports salesperson may be
denied,revoked, or suspended on any of the followin grounds except: - correct answer
D)using point of sale literature in advertising
Which of the following is true about colorado's lemon law? - correct answer C) "a
reasonable number of attempts" to repair applied when the moter vehicle has been out
of service for repairs a cumulative toal of 30 or more business days during the warranty
term or 1 year from date of delivery
Three of the following are deceptive trade practices. Which of the following is not ? -
correct answer Delivering goods as promised
A new or used motor vehicle dealer may legally do which of the following with a
temporary permit? - correct answer Issue a permit for a demonstration drive by a
consumer
