Sales Mastery Exam With Verified Solutions 2023/2024

Sales Mastery Exam With Verified Solutions 2023/2024 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 ANSWERD)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 followingCORRECT 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