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State of Colorado Sales License Test Latest 2024 (100% SOLVED) $12.49   Add to cart

Exam (elaborations)

State of Colorado Sales License Test Latest 2024 (100% SOLVED)

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  • Course
  • Colorado Sales License
  • Institution
  • Colorado Sales License

State of Colorado Sales License Test Latest 2024 (100% SOLVED) On Sunday(s), dealers are prohibited from selling all of the following except? ( C) Powersport Vehicles 2. The licenses of a new or used dealer, wholesale auction dealer, or whole sales may be denied, suspended, revoked or fined f...

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  • January 30, 2024
  • 5
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Colorado Sales License
  • Colorado Sales License
avatar-seller
SOLUTIONS2024
1.On Sunday(s), dealers are prohibited from selling all of the following except?( C) Powersport Vehicles
2.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
3.Colorado's Lemon Law covers: (C) defects that substantially impair market vale of a vehicle
4.Local law enforcement agencies must be notified with thin four hours after repos-
session of a motor vehicle occurs(B) False it's 1 hour
5.The Buyer guide, or "as is" sticker must be?(B) Provided by another lan-
guage than English if the trans-
act is being conducted in anoth-
er language than English
6.The only items that can be added to an advertised price are(A) dealers handling and preparation charges
7.Dealers must either be self-insured or have insurance for their vehicles(A) true
8.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
9.A dealer has how many days to deliver or facilitate delivery of title from the date
of sale?(D) 30 days
10.According to Colorado law , motor vehicle leasing company do NOT need a motor vehicle dealers license(B) False
11.Three of the following are required to be disclosed in an advertisement when (C) amount of percentage of the down payment
State of Colorado Sales License Test Latest 2024 a dealer is advertising a close-end credit sale or a motor vehicle or power sport vehicle with a down payment amount, pay-
ment amount, number of payment, peri-
od of repayment or amount of financing charge. Which one is NOT required?
12.Three of the following are deceptive trade of practices. Which one of the following is Not?(D) delivering goods as promised
13.Member of motor vehicle dealer board must(C) be a resident of the state for at least 5 years
14.Depot plates may be used during normal business hours to transport a motor vehi-
cle(D) all the above
15.The license of a motor vehicle sales per-
son or a powersport salesperson may be denied ,revoked , or suspended on any of the following EXCEPT?(A) advertising a salvage vehi-
cle while identifying the vehicle as salvage vehicle
16.A dealer is required to conspicuously dis-
play in there place of business the license of each sale person employed by the deal-
er(A)true
17.The license of a motor Sale person or powersport sale person me be denied, re-
voked or suspended on any of the follow-
ing ground except(B) advertising a salvage vehi-
cle while identifying the vehicle as salvage
18.A new motor vehicle has three of the fol-
lowing characteristics. Which one
doesn't it have?(B) title
19.Which of the following step are required to properly and legally repossess a motor vehicle(A) effect a lien creating a secu-
rity interest

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