Colorado Car Sales Practice Test 2025 – All-in-One Guide to Master Your Exam Success!

Image Description

Question: 1 / 400

What is the minimum duration an advertised price must be honored if no specific time was stated?

3 days

5 days

The minimum duration that an advertised price must be honored when no specific time frame is stated is 5 days. This regulation is in place to protect consumers by ensuring that they have a reasonable amount of time to respond to an advertisement before prices possibly change. If a dealership advertises a price, it creates an expectation for potential customers that they can purchase the vehicle at that price for a minimum duration. Honoring the price for at least 5 days helps to foster trust and transparency in car sales practices, encouraging consumers to engage with the dealership without the fear of immediate price fluctuations.

Get further explanation with Examzify DeepDiveBeta

7 days

14 days

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy