The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked or
suspended on any of the following grounds except: - 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? - d) All of the above
Colorado Lemon law covers: - 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? - d) tax rate
The motor vehicle dealer board is authorized and empowered to: - D)all of the above
Local law enforcement officers must be notified within ___ hours before or after the repossession of a
motor vehicle occurs: - A)1 hours
All motor vehicle dealers and power-sports dealers must post a clear, legible sign on their principal place
of business if: - B) they will be open less than 40 hours a week
A dealer may issue a temporary permits for each roadworthy vehicle sold - 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 more so long as it does not exceed 5k - a)True (verify)
The Colorado's consumer protection act declares bait and switch advertising to be deceptive trade
practice. Bait and switch advertising includes which of the following - 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? - B)motor vehicles with out-of-state titles
The motor vehicle dealer board does not have among its members - c)three employees from the
enforcement division
What is the highest fine per offense that the motor vehicle dealer board or an administrative law judge
may impose on a dealer , who sells primarily vehicles that weigh less than 1,500 pounds - $1,000
Three of the following are characteristics of an off-premise permit. . Which one is not? - The permit
cannot exceed six days except for the national western stock show, the colorado state fair, greely
stampede
Which of the following is a true statement regarding dealers and buyers? - B) a dealer shall clearly
indicate on the costumer contract when a vehicle sold "as is" and without a guarantee
When advertising a specific number of motor vehicles that same number of vehicles must have been
invoiced to the dealer - A)True
Dealers must either be self insured or have insurance for their vehicles - A)True
In transit plates may be used on motor vehicles - D) consigned to wholesale auction dealers for
transport from point of purchase to point of storage
When a salesperson leaves a dealer, that dealer must do all of the following except - Immediately
employ a new salesperson, licensed or not
The license of a new or used dealer, wholesale auction dealer or wholesaler may be denied suspended,
revoked or fined for all of the following grounds except - Employing a properly licensed salesperson
The only items that can be added to an advertised price are - C) Dealer handling and preparation
charges
,The license of a motor vehicle salesperson or a powersports salesperson may be denied, revoked, or
suspended on any of the following grounds except: - D)using point of sale literature in advertising
A buyer agent may - 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 a motor vehicle
Three of the following are deceptive trade practices. Which of the following is not? - Delivering goods as
promised
A new or used motor vehicle dealer may legally do which of the following with a temporary permit? -
Issue a permit for a demonstration drive by a consumer
Re federal cash reporting rule requires dealers to file form 83000.... - 15 Days
A new motor vehicle has three of the following characteristics. Which one doesn't it have? - D) a title
A dealer wholesaler or salespersons convicted of any felony or any crime.. Has how many days to report
conviction? - A ) 30 Days
Three of the following are require when a dealer is advertising a lease of a a motor vehicle or
powersports vehicle with a payment amount which one is not required? - D) disclosing the cost of
leasing versus the cost of purchasing
The definition of a used mother vehicle dealer or used powersports dealer includes which of the
following ? - A person who attempts to negotiate a sale or lease of a used motor vehicle or powersports
vehicle with the intent to make a profit or gain
A customer's trade- in vehicle on a financed deal may be sold - D) only when the financing has been
approved
Wholesalers : - C)must use a name other than their personal name on all business documents
, A dealer is required to have on file the licenses of each of their employed salespersons but need not
display them in their place of business - False
The license of a motor vehicle salesperson or a powersports salesperson may be denied, revoked or
suspended on the following grounds - D) all of the above
A dealer must take in the title in their own name before selling a car to retail customer - B) False
A salesperson can change dealerships during the licensing year provided that the correct form and fee is
submitted to the board such sales person may begin work as a motor vehicle salespersons or
powersports salesperson while awaiting a new license from the board - B) False
Records of vehicles transfers and odometer statements must be retained for: - C) 5 year
Motor vehicle dealers, powersport dealers, used motor vehicle dealers, used powersports dealers or
wholesalers are not required to report to the dealer board - B) any change in the hours of operation of
the business when the business continues full time (review)
Which of the following would indicate a motor vehicle is "used" - A certificate of title has been issued
A motor vehicle dealer is responsible for : - D) all of the above
An advertisement would include - D) all of the above
The license of a new or used dealer, wholesale auction dealer, or wholesaler may be denied, suspended
revoked or fined for the following - D) all of the above
Which of the following is a deceptive trade practice? - D) All of the above are deceptive trade practices
Demonstration plates can be displayed on vehicles that are used by the dealership for any commercial
purpose - true
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur VasilyKichigin. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour 13,17 €. Vous n'êtes lié à rien après votre achat.
