EXAM | 2025 COMPREHENSIVE EXAM
WITH CORRECT VERIFIED ANSWERS. A+
GRADED. GUARANTEED EXAM
EXCELLENCE
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
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