Colorado COMPREHENSIVE
QUESTIONS WITH MULTIPLE
CHOICES |VERIFIED & REVISED
ANSWERS (NEW) 2026
The license of a motor vehicle salesperson or power-sports salesperson
may be denied, revoked or suspended on any of the following grounds
except: - 🧠 ANSWER ✔✔b) advertising a salvaged vehicle while identifying
the vehicle as a salvage vehicle
,According to colorado law, which of the following must be licensed as a
motor vehicle dealer and or powersports dealer? - 🧠 ANSWER ✔✔d) All of
the above
Colorado Lemon law covers: - 🧠 ANSWER ✔✔c)defects that substantially
impair the market value of a vehicle
Three of the following are required to be disclosed in an advertisement
when a dealer is advertisement a closed end credit sale of a mother vehicle
or powersports...except? - 🧠 ANSWER ✔✔d) tax rate
The motor vehicle dealer board is authorized and empowered to: - 🧠
ANSWER ✔✔D)all of the above
Local law enforcement officers must be notified within ___ hours before or
after the repossession of a motor vehicle occurs: - 🧠 ANSWER ✔✔A)1
hours
All motor vehicle dealers and power-sports dealers must post a clear,
legible sign on their principal place of business if: - 🧠 ANSWER ✔✔B) they
will be open less than 40 hours a week
,A dealer may issue a temporary permits for each roadworthy vehicle sold -
🧠 ANSWER ✔✔B) false (verify)
The motor vehicle dealer board may be decide how large a fine to impose
on a dealer who sells primarily vehicles that weigh 1,500 pounds or more
so long as it does not exceed 5k - 🧠 ANSWER ✔✔a)True (verify)
The Colorado's consumer protection act declares bait and switch
advertising to be deceptive trade practice. Bait and switch advertising
includes which of the following - 🧠 ANSWER ✔✔d)all of the above
Three of the following types of motor vehicles are exempt from the truth in
mileage act. Which one is not exempt? - 🧠 ANSWER ✔✔B)motor vehicles
with out-of-state titles
The motor vehicle dealer board does not have among its members - 🧠
ANSWER ✔✔c)three employees from the enforcement division
What is the highest fine per offense that the motor vehicle dealer board or
an administrative law judge may impose on a dealer , who sells primarily
vehicles that weigh less than 1,500 pounds - 🧠 ANSWER ✔✔$1,000
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, Three of the following are characteristics of an off-premise permit. . Which
one is not? - 🧠 ANSWER ✔✔The permit cannot exceed six days except for
the national western stock show, the colorado state fair, greely stampede
Which of the following is a true statement regarding dealers and buyers? -
🧠 ANSWER ✔✔B) a dealer shall clearly indicate on the costumer contract
when a vehicle sold "as is" and without a guarantee
When advertising a specific number of motor vehicles that same number of
vehicles must have been invoiced to the dealer - 🧠 ANSWER ✔✔A)True
Dealers must either be self insured or have insurance for their vehicles - 🧠
ANSWER ✔✔A)True
In transit plates may be used on motor vehicles - 🧠 ANSWER ✔✔D)
consigned to wholesale auction dealers for transport from point of purchase
to point of storage
When a salesperson leaves a dealer, that dealer must do all of the
following except - 🧠 ANSWER ✔✔Immediately employ a new salesperson,
licensed or not