Exam (elaborations)
State of Colorado sales license test(pearls )
State of Colorado sales license test(pearls )
[Show more]
Content preview
State of Colorado sales license test(pearls)
On Sunday(s), dealers are prohibited from selling all of the following except? - ANS-( 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: - ANS-(D) All of the above
Colorado's Lemon Law covers: - ANS-(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 - ANS-(B) False it's 1 hour
The Buyer guide, or "as is" sticker must be? - ANS-(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 - ANS-(A) dealers handling
and preparation charges
Dealers must either be self-insured or have insurance for their vehicles - ANS-(A) true
Is it acceptable for a licensed dealer to place an advertisement using only the name
"ABC Enterprise"?. - ANS-(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? - ANS-(D) 30 days
According to Colorado law , motor vehicle leasing company do NOT need a motor
vehicle dealers license - ANS-(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? - ANS-(C) amount of percentage of
the down payment
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EXAMQA. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$11.52. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
64438 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now