State of Colorado Sales License Test 107 Questions and Verified Answers (GRADED A)

Three of the following types of motor vehicles are exempt from the truth in mileage act.
~Vehicles 10 years old or older~Vehicles having a gross empty weight more than 10,000
lbs~Vehicles not self propelled (Trailers)
The definition of a used motor vehicle dealer or used 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
The Motor Vehicle Board is authorized and empowered to:
All Of The Above
~Amend and repeal rules, regulations and previsions
When advertising a specific number of motor vehicles, that same number of vehicles must be
invoiced to the dealer
TRUE
bait and switch is
ad that attracts consumers with a low-priced product, then tries to sell them a higher-priced
product
Selling, Leasing, Trade-In, with option to purchase, offering or negotiating and exchange of
interest in 3+ vehicles in any 1 year is prima facie evidence that a person is engaged in the
business of selling or leasing motor vehicles
TRUE
By obtaining an off-premise permit, dealers may sell motor vehicles at another location on
Sunday
FALSE - NO Sale of vehicle should be done on Sundays
Which of the following statements is true regarding dealer demo plates?