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Colorado Car Sales Mastery Exam Questions and Verified Answers Latest Updated 2024 (GRADED) 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 Mastery Exam, Car Sales Test Colorado Exam With Questions and Verified Answers Latest 2024 (GRADED) 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