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Exam (elaborations)

State Of Colorado Sales license Test(pearls ) With Verified Solutions

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State Of Colorado Sales license Test(pearls ) With Verified Solutions On Sunday(s), dealers are prohibited from selling all of the following except? ( C) Powersport Vehicles The licenses of a new or used dealer, wholesale auction dealer, or whole sales may be denied, suspended, revoked or fi...

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  • April 29, 2024
  • 4
  • 2023/2024
  • Exam (elaborations)
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State Of Colorado Sales license Test(pearls )
With Verified Solutions
On Sunday(s), dealers are prohibited from selling all of the following except?
( C) Powersport Vehicles


The licenses of a new or used dealer, wholesale auction dealer, or whole sales may be denied,
suspended, revoked or fined for the following:
(D) All of the above


Colorado's Lemon Law covers:
(C) defects that substantially impair market vale of a vehicle


Local law enforcement agencies must be notified with thin four hours after repossession of a motor
vehicle occurs
(B) False it's 1 hour


The Buyer guide, or "as is" sticker must be?
(B) Provided by another language than English if the transact is being conducted in another language
than English


The only items that can be added to an advertised price are
(A) dealers handling and preparation charges


Dealers must either be self-insured or have insurance for their vehicles
(A) true


Is it acceptable for a licensed dealer to place an advertisement using only the name "ABC
Enterprise"?.
(B) False is has to say ABC enterprise dealership


A dealer has how many days to deliver or facilitate delivery of title from the date
of sale?
(D) 30 days


According to Colorado law , motor vehicle leasing company do NOT need a motor vehicle dealers
license
(B) False


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?
(C) amount of percentage of the down payment


Three of the following are deceptive trade of practices. Which one of the following is Not?

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