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The license of a motor vehicle salesperson or power-sports salesperson may be
denied, revoked or suspended on any of the following grounds except: - ✔✔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? - ✔✔d) All of the above
Colorado Lemon law covers: - ✔✔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? - ✔✔d) tax rate
The motor vehicle dealer board is authorized and empowered to: - ✔✔D)all of
the above
Local law enforcement officers must be notified within ___ hours before or after
the repossession of a motor vehicle occurs: - ✔✔A)1 hours
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©KERRYMARTIN 2025/2026. YEAR PUBLISHED 2025.
,All motor vehicle dealers and power-sports dealers must post a clear, legible
sign on their principal place of business if: - ✔✔B) they will be open less than 40
hours a week
A dealer may issue a temporary permits for each roadworthy vehicle sold -
✔✔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 - ✔✔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 - ✔✔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? - ✔✔B)motor vehicles with out-of-state
titles
The motor vehicle dealer board does not have among its members - ✔✔c)three
employees from the enforcement division
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©KERRYMARTIN 2025/2026. YEAR PUBLISHED 2025.
,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 - ✔✔$1,000
Three of the following are characteristics of an off-premise permit. . Which one
is not? - ✔✔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? -
✔✔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 - ✔✔A)True
Dealers must either be self insured or have insurance for their vehicles -
✔✔A)True
In transit plates may be used on motor vehicles - ✔✔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 - ✔✔Immediately employ a new salesperson, licensed or not
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©KERRYMARTIN 2025/2026. YEAR PUBLISHED 2025.
, 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 -
✔✔Employing a properly licensed salesperson
The only items that can be added to an advertised price are - ✔✔C) Dealer
handling and preparation charges
The license of a motor vehicle salesperson or a powersports salesperson may be
denied, revoked, or suspended on any of the following grounds except: -
✔✔D)using point of sale literature in advertising
A buyer agent may - ✔✔be retained or hired by a consumer to assist, represent,
or act on behalf of such
consumer in connection with the purchase or lease of a motor vehicle
Three of the following are deceptive trade practices. Which of the following is
not? - ✔✔Delivering goods as promised
A new or used motor vehicle dealer may legally do which of the following with a
temporary permit? - ✔✔Issue a permit for a demonstration drive by a consumer
Re federal cash reporting rule requires dealers to file form 83000.... - ✔✔15
Days
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©KERRYMARTIN 2025/2026. YEAR PUBLISHED 2025.