COLORADO SALES TEST ACTUAL STUDY
GUIDE 2026 COMPLETE QUESTIONS AND
VERIFIED SOLUTIONS
⩥ Colorado's Lemon Law covers. Answer: new self-propelled vehicles,
including pickups and vans
⩥ All motor vehicle dealers and powersports dealers must be open to
inspection (of books and records) by the motor vehicle board and its
agents. Answer: Monday through Friday from 9 A.M. to 5 P.M
⩥ If an advertisement for a closed-end credit sale contains the down
payment amount, payment amount, number of payments, and period of
repayment, the annual percentage rate does not need to be disclosed.
Answer: False
⩥ 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 1,500 pounds or more?. Answer:
$10,000
⩥ Licensed powersport dealers may not sell powersports on Sunday(s).
Answer: False
,⩥ The Motor Vehicle Dealer Board is authorized and empowered to.
Answer: - Issue licenses to and regulate wholsalers - impose a fine of up
to $20,000 for each separate offense - act as an enforcement arm in
licensing and regulation
⩥ By definition, an advertisement may include any commercial message
on any computer display or window display which is delivered or made
available to a customer or prospective customer in any manner
whatsoever. Answer: False
⩥ Which of the following is true about Colorado's Lemon Law?.
Answer: a "reasonable number of attempts" to repair applies when the
motor vehicle has been out of service for repairs a cumulative total of 30
or more business days during the warranty term or 1 year from date of
delivery
⩥ The license of a wholesale auction dealer or wholesaler may be
denied, suspended, revoked or fined for the following. Answer:
Attempting to negotiate the sale, lease, or exchange of an interest in
motor vehicles to persons other than new or used dealers, wholesalers, or
wholesale auction dealers
⩥ The license of a motor vehicle salesperson or a powersports
salesperson may be denied. revoked, or suspended on any of the
following grounds except. Answer: using point of sale literature in
advertising
, ⩥ Three of the following are deceptive trade practices. Which one of the
following is not?. Answer: delivering goods as promised
⩥ New and used motor vehicle dealers, powersports dealers, wholesalers
and wholesale auction dealers are required to have a surety bond in the
amount of. Answer: $50,000
⩥ The license of a new or used dealer, wholesale auction dealer, or
wholesaler may be denied. suspended, revoked or fined for all of the
following grounds except. Answer: employing a properly licensed
salesperson
⩥ Which of the following persons are required, by federal law, to adhere
to the Truth in Mileage Act?. Answer: - new and used motor vehicle
dealers - motor vehicle lessors - motor vehicle auctioneers
⩥ The Buyer's Guide, or "as is" sticker may be removed from a vehicle
for a test drive, but must be returned as soon as the test is over. Answer:
True
⩥ A customer's trade-in vehicle on a financed deal. Answer: may be sold
as soon as the title has been signed over to the dealer
GUIDE 2026 COMPLETE QUESTIONS AND
VERIFIED SOLUTIONS
⩥ Colorado's Lemon Law covers. Answer: new self-propelled vehicles,
including pickups and vans
⩥ All motor vehicle dealers and powersports dealers must be open to
inspection (of books and records) by the motor vehicle board and its
agents. Answer: Monday through Friday from 9 A.M. to 5 P.M
⩥ If an advertisement for a closed-end credit sale contains the down
payment amount, payment amount, number of payments, and period of
repayment, the annual percentage rate does not need to be disclosed.
Answer: False
⩥ 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 1,500 pounds or more?. Answer:
$10,000
⩥ Licensed powersport dealers may not sell powersports on Sunday(s).
Answer: False
,⩥ The Motor Vehicle Dealer Board is authorized and empowered to.
Answer: - Issue licenses to and regulate wholsalers - impose a fine of up
to $20,000 for each separate offense - act as an enforcement arm in
licensing and regulation
⩥ By definition, an advertisement may include any commercial message
on any computer display or window display which is delivered or made
available to a customer or prospective customer in any manner
whatsoever. Answer: False
⩥ Which of the following is true about Colorado's Lemon Law?.
Answer: a "reasonable number of attempts" to repair applies when the
motor vehicle has been out of service for repairs a cumulative total of 30
or more business days during the warranty term or 1 year from date of
delivery
⩥ The license of a wholesale auction dealer or wholesaler may be
denied, suspended, revoked or fined for the following. Answer:
Attempting to negotiate the sale, lease, or exchange of an interest in
motor vehicles to persons other than new or used dealers, wholesalers, or
wholesale auction dealers
⩥ The license of a motor vehicle salesperson or a powersports
salesperson may be denied. revoked, or suspended on any of the
following grounds except. Answer: using point of sale literature in
advertising
, ⩥ Three of the following are deceptive trade practices. Which one of the
following is not?. Answer: delivering goods as promised
⩥ New and used motor vehicle dealers, powersports dealers, wholesalers
and wholesale auction dealers are required to have a surety bond in the
amount of. Answer: $50,000
⩥ The license of a new or used dealer, wholesale auction dealer, or
wholesaler may be denied. suspended, revoked or fined for all of the
following grounds except. Answer: employing a properly licensed
salesperson
⩥ Which of the following persons are required, by federal law, to adhere
to the Truth in Mileage Act?. Answer: - new and used motor vehicle
dealers - motor vehicle lessors - motor vehicle auctioneers
⩥ The Buyer's Guide, or "as is" sticker may be removed from a vehicle
for a test drive, but must be returned as soon as the test is over. Answer:
True
⩥ A customer's trade-in vehicle on a financed deal. Answer: may be sold
as soon as the title has been signed over to the dealer
