STATE OF COLORADO SALES LICENSE TEST(PEARLS ) UPDATED 2023/2024 ALL ANSWERS CORRECT VERIFI, Exams of Nursing

Download STATE OF COLORADO SALES LICENSE TEST(PEARLS ) UPDATED 2023/2024 ALL ANSWERS CORRECT VERIFI and more Exams Nursing in PDF only on Docsity! STATE OF COLORADO SALES LICENSE TEST(PEARLS ) UPDATED 2023/2024 ALL ANSWERS CORRECT VERIFIED TO SCORE A+ FOR SUCCESS. On Sunday(s), dealers are prohibited from selling all of the following except? - CORRECT ANSWERS ( 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: - CORRECT ANSWERS (D) All of the above Colorado's Lemon Law covers: - CORRECT ANSWERS (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 - CORRECT ANSWERS (B) False it's 1 hour The Buyer guide, or "as is" sticker must be? - CORRECT ANSWERS (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 - CORRECT ANSWERS (A) dealers handling and preparation charges Dealers must either be self-insured or have insurance for their vehicles - CORRECT ANSWERS (A) true Is it acceptable for a licensed dealer to place an advertisement using only the name "ABC Enterprise"?. - CORRECT ANSWERS (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? - CORRECT ANSWERS (D) 30 days According to Colorado law , motor vehicle leasing company do NOT need a motor vehicle dealers license - CORRECT ANSWERS (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 STATE OF COLORADO SALES LICENSE TEST(PEARLS ) UPDATED 2023/2024 ALL ANSWERS CORRECT VERIFIED TO SCORE A+ FOR SUCCESS. financing charge. Which one is NOT required? - CORRECT ANSWERS (C) amount of percentage of the down payment Three of the following are deceptive trade of practices. Which one of the following is Not? - CORRECT ANSWERS (D) delivering goods as promised Member of motor vehicle dealer board must - CORRECT ANSWERS (C) be a resident of the state for at least 5 years Depot plates may be used during normal business hours to transport a motor vehicle - CORRECT ANSWERS (D) all the above The license of a motor vehicle sales person or a powersport salesperson may be denied ,revoked , or suspended on any of the following EXCEPT? - CORRECT ANSWERS (A) advertising a salvage vehicle while identifying the vehicle as salvage vehicle A dealer is required to conspicuously display in there place of business the license of each sale person employed by the dealer - CORRECT ANSWERS (A)true The license of a motor Sale person or powersport sale person me be denied, revoked or suspended on any of the following ground except - CORRECT ANSWERS (B) advertising a salvage vehicle while identifying the vehicle as salvage A new motor vehicle has three of the following characteristics. Which one doesn't it have? - CORRECT ANSWERS (B) title Which of the following step are required to properly and legally repossess a motor vehicle - CORRECT ANSWERS (A) effect a lien creating a security interest A dealer is responsible for taking written actions to attempt to correct a misleading advertisement placed by a manufacturer if the advertisement contains the dealer name - CORRECT ANSWERS (B) False