Exam (elaborations)
Colorado Sales Test LATEST QUESTIONS AND CORRECT ANSWERS
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Colorado Sales Test LATEST QUESTIONS AND CORRECT ANSWERS
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Colorado Sales TestA buyer agent may - ANS-be retained or hired by a consumer to assist, represent, or act on
behalf of such consumer in connection with the purchase or lease of motor vehicles
A customer's trade-in vehicle on a financed deal - ANS-may be sold as soon as the title has
been signed over to the dealer
A customer's trade-in vehicle on a financed deal may be sold - ANS-as soon as the title has
been signed over to the dealer
A dealer has how many days to deliver or facilitate delivery of title from the date of sale? -
ANS-30 days
A dealer is not responsible for taking written action to attempt to correct a misleading
advertisement placed by a manufacturer if the advertisement contains the dealer's name -
ANS-False
A dealer is responsible for taking written action to attempt to correct a misleading advertisement
placed by a manufacturer if the advertisement contains the dealer's name - ANS-True
A dealer may advertise in which of the following manners? - ANS-using a color picture and the
disclosure. "vehicles colors may vary" when vehicle in the picture is not the same color as the
actual vehicle being advertised
A dealer may Issue 3 temporary permits for each roadworthy vehicle sold - ANS-False
A dealer may Issue 3 temporary permits for each roadworthy vehicle sold - ANS-False
A dealer, wholesaler or salesperson who is convicted of any felony or any crime pursuant to
Article 3. 4 or 5 of Title 18. C.R.S. (felony or criminal misdemeanor) or like crime pursuant to
federal law or the law of any other state has __ days to give the Dealer Board written notice
of such conviction. - ANS-30
A dealer's advertising must contain the dealer's licensed name and/or the word(s) - ANS-dealer
A licensed dealership of the name "Smith Enterprises" would need to include both the name of
the dealership and the word "dealer" in all of their advertisements. - ANS-True
A motor vehicle dealer, wholesaler or salesperson must give the Dealer Board written notice of -
ANS-All of the above - hours of operation - a conviction of any felony or crime pursuant to
federal or other state law - all traffic violations in the last five years
, A new motor vehicle has three of the following characteristics. Which one doesn't it have? -
ANS-a title
A new or used motor vehicle dealer may legally do which of the following with a temporary
registration permit? - ANS-issue a permit upon the sale of a motor vehicle to another dealer
A salesperson can change dealerships during the licensing year provided that a Change of
Employer Notification form and fee is submitted to the Board. It is unlawful for such salesperson
to act as a motor vehicle salesperson or powersports salesperson until a new license is
procured - ANS-True
A salesperson can change dealerships during the licensing year provided that the correct form
and fee is submitted to the Board. Such salesperson may begin work as a motor vehicle
salesperson or powersports salesperson while awaiting a new license from the Board -
ANS-False
A temporary registration permit may be issued - ANS-both B & C are correct - for up to 60 days
upon the sale of a motor vehicle to another dealer - to a consumer by a dealer for up to 60 days
According to Colorado law, motor vehicle leasing companies do not need a motor vehicle
dealer's license - ANS-False
According to Colorado law, which of the following must be licensed as a motor vehicle dealer
and/or powersports dealer? - ANS-All of the above - a new motor vehicle dealer - a motor
vehicle leasing company - a used motor vehicle dealer
All motor vehicle dealers and powersports dealers must be open to inspection (of books and
records) by the motor vehicle board and its agents - ANS-Monday through Friday from 9 A.M. to
5 P.M
An advertisement would include - ANS-All of the above - a commercial message in a flyer - a
commercial message on any literature given at the point-of-transaction - a commercial message
on a computer or window display
Any dealership open less than forty (40) hours a week must post a clear and legible sign on its
place of business indicating the days and hours that it is open for business - ANS-True
By definition, an advertisement may include any commercial message on any computer display
or window display which is delivered or made available to a customer or prospective customer in
any manner whatsoever - ANS-False
Colorado's Lemon Law covers - ANS-new self-propelled vehicles, including pickups and vans
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