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STATE OF COLORADO MOTOR VEHICLE DEALER BOARD MASTERY EXAMINATION QUESTIONS AND ANSWERS 2026 GRADED A+ SCORE SOLUTION REVIEW

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STATE OF COLORADO MOTOR VEHICLE DEALER BOARD MASTERY EXAMINATION QUESTIONS AND ANSWERS 2026 GRADED A+ SCORE SOLUTION REVIEW

Instelling
Motor Vehicle DEALER BOARD
Vak
Motor vehicle DEALER BOARD

Voorbeeld van de inhoud

STATE OF COLORADO MOTOR VEHICLE DEALER BOARD
MASTERY EXAMINATION QUESTIONS AND ANSWERS 2026
GRADED A+ SCORE SOLUTION REVIEW


Which of the following must be identified in advertising?
A. Salvage vehicles
B. Taxi cabs and police vehicles
C. Flooded vehicles
D. All of the above
D.
Rule 7. Advertising motor vehicles which are known by
The dealer to be salvage or rebuilt from salvage, taxi cabs,
Flooded vehicles or police vehicles, which are not so
Identified in the advertisement.




The only items that can be added to an advertised price are:
A. Dealer handling and preparation charges
B. Dealer handling charges and profit
C. Finance charges and sales tax
D. None of the above
B....?




A dealer may advertise in which of the following manners?

,A. Using a qualifying statement which is not clear and is not
adjacent to the offer
B. Using an asterisk to change the meaning of an advertising
statement
C. Advertising using the word wholesale in connection with
retail sales
D. Using a color picture in the ad that is not the same color as
the actual vehicle being
Advertised as long as the disclosure, "vehicle colors may vary"
is included
D.


Rule 4. Using a picture or photograph of a vehicle in
Advertising when the picture or photograph is not the same
Make, year and equipment actually being offered
Rule 5. Advertising in such a manner which utilizes
An asterisk
Rule 11. Advertising any reference to "dealer cost"
Or "invoice" price. Advertising the word "wholesale" in
Connection with the retail offering of motor vehicles




A dealer's advertising must contain the dealer's licensed name
and/or the word(s):
The dealer's name or the word "dealer" must be included
In the advertisement or both name and the word "dealer"

,If the name appears but does not clearly reflect that the
Business is a dealer




The Colorado Consumer Protection Act declares bait and
switch advertising to be
A deceptive trade practice. Bait and switch advertising would
include which of the
Following?
A. Accepting a deposit for the advertised vehicle and then
switching the purchase
Order to a higher priced vehicle
B. Requiring that tie-in sales or other undisclosed conditions
be met prior to the sale
C. Making disparaging comments about the advertised vehicle,
such as "this vehicle's
4-cylinder engine is not very powerful, you need a V-6 that
cost more."
D. All of the above
D..


(VI) Accepting a deposit for the goods, property, or services
and subsequently switching the
Purchase order to higher-priced goods, property, or services
(III) Requiring tie-in sales or other undisclosed conditions to
be met prior to selling the

, Advertised goods, property, or services
(II) Disparagement in any respect of the advertised goods,
property, or services or the terms
Of sale;


Https://leg.colorado.gov/sites/default/files/images/olls/crs201
6-title-06.pdf




Three of the following are required to be disclosed when a
dealer is advertising a
Closed-end credit sale of a motor vehicle with a down
payment amount, payment amount,
Number of payments, period of repayment or amount of
finance charge. Which one is not
Required?
A. Tax rate
B. Amount or percentage of the down payment
C. Terms of repayment
D. Annual percentage rate
A.


Rule 13. Advertising the price of a vehicle without including
All costs to the purchaser at the time of delivery, except
Sales tax, finance charges, cost of emissions test, and
Transportation costs, incurred after sale, to deliver the

Geschreven voor

Instelling
Motor vehicle DEALER BOARD
Vak
Motor vehicle DEALER BOARD

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Geüpload op
22 maart 2026
Aantal pagina's
40
Geschreven in
2025/2026
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Tentamen (uitwerkingen)
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