State Of Colorado Sales License Test Questions With Correct Answers(Rated A)

Three of the following types of motor vehicles are exempt from the truth in mileage act. {Ans: ~Vehicles 10 years old or older~Vehicles having a gross empty weight more than 10,000 lbs~Vehicles not self propelled (Trailers)}Licensed Motor vehicle dealers {Ans: must be open for business at least three (3)days per week for a continuous period of time not less than four (4) hours per day between the hours of8 a.m. and 9 p.m.}Which of the following is not true about members of the Motor Vehicle Dealer board? {Ans: public members must have been a motor vehicle dealer}Which is NOT required when advertising a closed end credit sale? {Ans: Tax Rate}A Motor Vehicle salesperson may work for more than 1 dealership during one year {Ans: TRUE}New and used motor vehicle dealers, powersports dealers, and wholesale auction dealers are required to have a surety bond {Ans: All of the above}