Mastery Exam 2026 Exam
Questions with 100% Correct
Answers | Latest Update
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
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
Questions with 100% Correct
Answers | Latest Update
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
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
