Exam (elaborations)
Car Sales Test Colorado LATEST QUESTIONS AND CORRECT ANSWERS
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Car Sales Test Colorado LATEST QUESTIONS AND CORRECT ANSWERS
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Car Sales Test Colorado- ANS-full use dealer plates can be displayed on all vehicles owned and offered for sale by
dealer or wholesaler, except those that are used on tow vehicles or parts delivery/pickup
vehicles
- ANS-Motor Vehicles may be sold on Sundays
"Advertise" or "advertisement" means any commercial message in any newspaper, magazine,
leaflet, flyer, or catalog, on radio, television, or a public address system, in direct mail literature
or other printed material, on any interior or exterior sign or display, in any window display, on a
computer display, or in any point-of-transaction literature or price tag that is delivered or made
available to a customer or prospective customer in any manner; except that the term does not
include materials required to be displayed by federal or state law - ANS-
"Motor vehicle dealer" means a person who, for commission or with intent to make a profit or
gain of money or other thing of value, sells, leases, exchanges, rents with option to purchase,
offers, or attempts to negotiate a sale, lease, or exchange of an interest in new or new and used
motor vehicles or who is engaged wholly or in part in the business of selling or leasing new or
new and used motor vehicles, whether or not the motor vehicles are owned by the person. The
sale or lease of three or more new or new and used motor vehicles or the offering for sale or
lease of more than three new or new and used motor vehicles at the same address or telephone
number in any one calendar year is prima facie evidence that a person is engaged in the
business of selling or leasing new or new and used motor vehicles. "Motor vehicle dealer"
includes an owner of real property who allows more than three new or new and used motor ve -
ANS-
"Motor vehicle salesperson" means a natural person who, for a salary, commission, or
compensation of any kind, is employed either directly or indirectly, regularly or occasionally, by a
motor vehicle dealer or used motor vehicle dealer to sell, lease, purchase, or exchange or to
negotiate for the sale, lease, purchase, or exchange of motor vehicles. - ANS-
"Powersports vehicle dealer" means a person who, for commission or with intent to make a
profit or gain of money or other thing of value, sells, leases, exchanges, rents with option to
purchase, offers, or attempts to negotiate a sale, lease, or exchange of an interest in new or
new 4 Auto Industry Division Study Guide- Powersports Statutes and used powersports vehicles
or who is engaged wholly or in part in the business of selling or leasing new or new and used
powersports vehicles, whether or not the powersports vehicles are owned by such person. The
sale or lease of ten or more new or new and used powersports vehicles or the offering for sale
or lease of more than ten new or new and used powersports vehicles at the same address or
telephone number in any one calendar year shall be prima facie evidence that a person is
,engaged in the business of selling or leasing new or new and used powersports vehicles.
"Powerspo - ANS-
"Used motor vehicle dealer" means a person who, for commission or with intent to make a profit
or gain of money or other thing of value, sells, exchanges, leases, or offers an interest in used
motor vehicles, or attempts to negotiate a sale, exchange, or lease of used motor vehicles, or
who is engaged wholly or in part in the business of selling used motor vehicles, whether or not
the motor vehicles are owned by the person. The sale of three or more used motor vehicles or
the offering for sale of more than three used motor vehicles at the same address or 7 Auto
Industry Division Study Guide- Motor Vehicle Statutes telephone number in any one calendar
year is prima facie evidence that a person is engaged in the business of selling used motor
vehicles. "Used motor vehicle dealer" includes an owner of real property who allows more than
three used motor vehicles to be offered for sale on the property during one calendar - ANS-
"used motor vehicle" is defined as any motor vehicle which has been sold, bargained,
exchanged,
given away, or the title thereto transferred from the person who first took title thereto from the
manufacturer or importer, dealer or agent of the manufacturer or importer, or so used as to have
become what is commonly known as a "secondhand motor vehicle"." In the event of transfer on
the
certificate of origin, from the original franchised dealer to any other dealer or individual other
than a
franchised dealer of the same make of vehicle, the vehicle shall be considered a "used" motor
vehicle,
and must be titled in the new owner's name. Vehicles with more Than Fifteen Hundred (1500)
miles of
demonstration use shall be considered used' vehicles. Such "demonstrators" and other motor
vehicles
3
Auto Industry DivisionStudy Guide- Motor Vehicle Regulations
REGULATION 12-6-102(13)
which have been used by a dealer prior to thei - ANS-
(2) "Board" means the motor vehicle dealer board.
"Advertise" or "advertisement" means any commercial message in any newspaper, magazine,
leaflet, flyer, or catalog, on radio, television, or a public address system, in direct mail literature
or other printed material, on any interior or exterior sign or display, in any window display, on a
computer display, or in any point-of-transaction literature or price tag that is delivered or made
available to a customer or prospective customer in any manner; except that the term does not
include materials required to be displayed by federal or state law - ANS-
$1,000 - ANS-What is the highest fine per offense (key word) that the motor vehicle dealer
board or an admirative law judge may impose on a dealer who sells primarily vehicles that
weigh less than 1,500 pounds
, 1 - ANS-local law enforcement must be notified with ______ hour before or after the
repossession of a motor vehicle occurs
1 "Depot License Plates" or "Depot Tags" - means a numbered plate issued by the department
authorizing the movement of dealership vehicles to and from the dealer's place of business or
storage for the purpose of completing work tha - ANS-
1) The amount of cash is more than $10,000 2) The business receives the cash as:
1) The establishment receives the cash in the ordinary course of a trade or business 2) The
same agent or buyer provides the cash3) The business receives the cash in a single transaction
or in related transactions
Example: Dave bought a new car and sold his old one for $11,000. The buyer paid Dave in
cash. Since Dave is not in the trade or business of selling cars, he would not be required to
report the receipt of cash exceeding $10,000 from the sale of the car.
Example: Jane operates a jewelry store in Puerto Rico and received payment in cash on a sale
of jewelry for $12,000. She will need to report the transaction on a Form 8300. In general, a
person engaged in a - ANS-
12-6-125. Advertisement - inclusion of dealer name A motor vehicle dealer or used motor
vehicle dealer or any agent of the dealers shall not advertise any offer for the sale, lease, or
purchase of a motor vehicle or a used motor vehicle that creates the false impression that the
vehicle is being offered by a private party or by a buyer's agent or that does not contain the
name of the dealer or the word "dealer" or, if the name is contained in the offer and does not
clearly reflect that the business is a dealer, both the name of the dealer and the word "dealer". -
ANS-
12-6-302. Sunday closing No person, firm, or corporation, whether owner, proprietor, agent, or
employee, shall keep open, operate, or assist in keeping open or operating any place or
premises or residences, whether open or closed, for the purpose of selling, bartering, or
exchanging or offering for sale, barter, or exchange any motor vehicle, whether new, used, or
secondhand, on the first day of the week commonly called Sunday. This part 3 shall not apply to
the opening of an establishment or place of business on the said first day of the week for other
purposes, such as the sale of petroleum products, tires, or automobile accessories, or for the
purpose of operating and conducting a motor vehicle repair shop, or for the purpose of
supplying such services as towing or wrecking. The provisions of this part 3 shall not apply to
the opening of an establishment or place of business on the said first day of the week for t -
ANS-
15 days - ANS-The federal cash reporting rule required dealers to file federal form 8300 with the
internal revenue service when they recieve more than $10,000 cash in a single transaction. How
many days does a dealer have to file the form.
15,000
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