Sales Mastery Exam 2025– Complete
Solutions for Question Sets 1, 2 & 3
The license of a motor vehicle salesperson or power
-sports salesperson may be denied,revoked
or suspended
on any of thefollowinggroundsexcept:- ANSb) advertisinga salvaged vehicle while identifying the vehicle
as a salvage vehicle
Accordingto coloradolaw,whichof thefollowingmustbelicensedas a motorvehicledealer and or
powersports dealer?
- ANSd) All of the above
ColoradoLemonlawcovers:- ANSc)defectsthatsubstantiallyimpair themarketvalueof a vehicle
Three of the following are required to be disclosed in an advertisement when a dealer is advertisement
a
closedendcreditsaleof a mothervehicleor powersports...except?
- ANSd) tax rate
The motorvehicledealerboardis authorizedandempoweredto:- ANSD)all of theabove
Local lawenforcementofficersmustbenotifiedwithin1 hoursbeforeor afterthe repossession of a motor
vehicle occurs:- ANSA)1 hours
All motorvehicledealersand power-sportsdealersmustposta celar,legiblesign on their principal place of
business if:- ANSB) they wull be open less than 40 hours a week
A dealermayissuea temporarypermitsfor eachroadworthyvehiclesold- ANSB) false(verify)
The motorvehicledealerboardmay bedecidehowlargea fine to imposeon a dealerwho sells primarily
vehicles that weigh 1,500 pounds or moreso long as it does not exeed
- ANSa)True
5k (verify)
The coloradoconsumerprotectionact declaresbait and switchadvertisingto be deceptive trade
practice.
Bait and switchadvertisingincludeswhichof thefollowing- ANSd)all of theabove
Three of thefollowingtypesof motorvehiclesareexemptfrom thetruthin mileageact. Which one is not
exempt?- ANSB)motor vehicles with out
-of-state titles
The motorvehicledealerboarddoesnot haveamongits members- ANSc)threeemployees from the
enforcement division
Whatis thehighestfine peroffensethatthemotorvehicledealerboardor an administrative law judge may
impose on a dealer , who sells primarily vehicles that wigh less than 1,500 -pounds
ANS$1,000
, Three of the followingare characteristicsof an off-premisepermit. . WHich one is not? - ANSThe
permit cannot exceedsix days exceptfor the national westernstock show, the colorado state fair,
greely stampede
Which of thefollowingis a truestatementregardingdealersand buyers?- ANSB) a dealer shall clearly
indicate on the costumer contract when a vehicle sold "as is" and withou
guarantee
a
Whenadvertisinga specificnumberof motorvehiclesthatsamenumberof vehiclesmust have been invoiced
to the dealer- ANSA)True
Dealersmusteitherbeselfinsuredor haveinsurancefor theirvehicles- ANSA)True
In transiteplatesmaybeusedon motorvehicles- ANSD) consignedto wholesaleauction dealers for
transport from point of purchase to point of storage
Whena salespersonleavesa dealer,thatdealermustdo all of thefollowingexcept- ANSImmediately employ
a new salesperson, licensed or not
The licenseof a newor useddealer,wholesaleauctiondealeror wholesalermaybedenied suspended,
revoked or fined for all of the following grounds except
- ANSEmploying a properly licensed salesperson
The only itemsthatcan beaddedto an advertisedprice are- ANSC) Dealerhandlingand preparation charges
The license of a motor vehicle salesperson or a powersports salesperson may be denied,revoked,
or
suspendedon any of thefollowingroundsexcept:- ANSD)using pointof sale literature in advertising
Which of thefollowingis trueaboutcolorado'slemonlaw?- ANSC) "areasonablenumberof 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
delivery
of
Three of thefollowingaredeceptivetradepractices.Which of thefollowingis not ? - ANSDelivering goods as
promised
A newor usedmotorvehicledealermay legallydo whichof thefollowingwitha temporary permit?-
ANSIssue a permit for a demonstration drive by a consumer
Re federalcashreportingrule requiresdealersto file form 83000....- ANS15 Days
A newmotorvehiclehasthreeof thefollowingchracterics.WHich onedosen'tit have?- ANSD) a title
A dealerwholesaleror salesperonsconvictedof any felonyor any crime..Has howmany days to report
conviction?- ANSA ) 30 Days
Solutions for Question Sets 1, 2 & 3
The license of a motor vehicle salesperson or power
-sports salesperson may be denied,revoked
or suspended
on any of thefollowinggroundsexcept:- ANSb) advertisinga salvaged vehicle while identifying the vehicle
as a salvage vehicle
Accordingto coloradolaw,whichof thefollowingmustbelicensedas a motorvehicledealer and or
powersports dealer?
- ANSd) All of the above
ColoradoLemonlawcovers:- ANSc)defectsthatsubstantiallyimpair themarketvalueof a vehicle
Three of the following are required to be disclosed in an advertisement when a dealer is advertisement
a
closedendcreditsaleof a mothervehicleor powersports...except?
- ANSd) tax rate
The motorvehicledealerboardis authorizedandempoweredto:- ANSD)all of theabove
Local lawenforcementofficersmustbenotifiedwithin1 hoursbeforeor afterthe repossession of a motor
vehicle occurs:- ANSA)1 hours
All motorvehicledealersand power-sportsdealersmustposta celar,legiblesign on their principal place of
business if:- ANSB) they wull be open less than 40 hours a week
A dealermayissuea temporarypermitsfor eachroadworthyvehiclesold- ANSB) false(verify)
The motorvehicledealerboardmay bedecidehowlargea fine to imposeon a dealerwho sells primarily
vehicles that weigh 1,500 pounds or moreso long as it does not exeed
- ANSa)True
5k (verify)
The coloradoconsumerprotectionact declaresbait and switchadvertisingto be deceptive trade
practice.
Bait and switchadvertisingincludeswhichof thefollowing- ANSd)all of theabove
Three of thefollowingtypesof motorvehiclesareexemptfrom thetruthin mileageact. Which one is not
exempt?- ANSB)motor vehicles with out
-of-state titles
The motorvehicledealerboarddoesnot haveamongits members- ANSc)threeemployees from the
enforcement division
Whatis thehighestfine peroffensethatthemotorvehicledealerboardor an administrative law judge may
impose on a dealer , who sells primarily vehicles that wigh less than 1,500 -pounds
ANS$1,000
, Three of the followingare characteristicsof an off-premisepermit. . WHich one is not? - ANSThe
permit cannot exceedsix days exceptfor the national westernstock show, the colorado state fair,
greely stampede
Which of thefollowingis a truestatementregardingdealersand buyers?- ANSB) a dealer shall clearly
indicate on the costumer contract when a vehicle sold "as is" and withou
guarantee
a
Whenadvertisinga specificnumberof motorvehiclesthatsamenumberof vehiclesmust have been invoiced
to the dealer- ANSA)True
Dealersmusteitherbeselfinsuredor haveinsurancefor theirvehicles- ANSA)True
In transiteplatesmaybeusedon motorvehicles- ANSD) consignedto wholesaleauction dealers for
transport from point of purchase to point of storage
Whena salespersonleavesa dealer,thatdealermustdo all of thefollowingexcept- ANSImmediately employ
a new salesperson, licensed or not
The licenseof a newor useddealer,wholesaleauctiondealeror wholesalermaybedenied suspended,
revoked or fined for all of the following grounds except
- ANSEmploying a properly licensed salesperson
The only itemsthatcan beaddedto an advertisedprice are- ANSC) Dealerhandlingand preparation charges
The license of a motor vehicle salesperson or a powersports salesperson may be denied,revoked,
or
suspendedon any of thefollowingroundsexcept:- ANSD)using pointof sale literature in advertising
Which of thefollowingis trueaboutcolorado'slemonlaw?- ANSC) "areasonablenumberof 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
delivery
of
Three of thefollowingaredeceptivetradepractices.Which of thefollowingis not ? - ANSDelivering goods as
promised
A newor usedmotorvehicledealermay legallydo whichof thefollowingwitha temporary permit?-
ANSIssue a permit for a demonstration drive by a consumer
Re federalcashreportingrule requiresdealersto file form 83000....- ANS15 Days
A newmotorvehiclehasthreeof thefollowingchracterics.WHich onedosen'tit have?- ANSD) a title
A dealerwholesaleror salesperonsconvictedof any felonyor any crime..Has howmany days to report
conviction?- ANSA ) 30 Days
