Colorado Sales License Practice Test

What must be prominently and conspicuously displayed according to sales regulations?

1. FTC Buyer's Guide

2. Dealer License Number

3. Sales Tax Information

4. Hours of Operation

The correct answer is: FTC Buyer's Guide

The FTC Buyer's Guide must be prominently and conspicuously displayed according to sales regulations because it is a crucial document designed to inform consumers about the rights they have when purchasing used vehicles. This guide ensures that buyers are educated about their ability to request certain disclosures about the vehicle's condition and history before making a purchase. Displaying the FTC Buyer's Guide is not only a regulatory requirement but also serves to build trust between the dealer and the customer, fostering a more transparent sales environment. While the dealer license number, sales tax information, and hours of operation are important pieces of information for a business to communicate, they are not required to be as prominently displayed as the FTC Buyer's Guide. The focus on consumer protection with the Buyer's Guide reflects the emphasis on ensuring that consumers are well-informed, which is critical in the context of vehicle sales.