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
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
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
HImmediately Hemploy Ha Hnew Hsalesperson, Hlicensed Hor Hnot
The Hlicense Hof Ha Hnew Hor Hused Hdealer, Hwholesale Hauction Hdealer Hor Hwholesaler Hmay Hbe Hdenied
Hsuspended, Hrevoked Hor Hfined Hfor Hall Hof Hthe Hfollowing Hgrounds Hexcept
Employing Ha Hproperly Hlicensed Hsalesperson
The Honly Hitems Hthat Hcan Hbe Hadded Hto Han Hadvertised Hprice Hare
C) Dealer Hhandling Hand Hpreparation Hcharges
The Hlicense Hof Ha Hmotor Hvehicle Hsalesperson Hor Ha Hpowersports Hsalesperson Hmay Hbe Hdenied,
Hrevoked, Hor Hsuspended Hon Hany Hof Hthe Hfollowing Hgrounds Hexcept:
D) using Hpoint Hof Hsale Hliterature Hin Hadvertising
A Hbuyer Hagent Hmay
be Hretained Hor Hhired Hby Ha Hconsumer Hto Hassist, Hrepresent, Hor Hact Hon Hbehalf Hof Hsuch
Hconsumer Hin Hconnection Hwith Hthe Hpurchase Hor Hlease Hof Ha Hmotor Hvehicle
Three Hof Hthe Hfollowing Hare Hdeceptive Htrade Hpractices. HWhich Hof Hthe Hfollowing His
Hnot? HDelivering Hgoods Has Hpromised
A Hnew Hor Hused Hmotor Hvehicle Hdealer Hmay Hlegally Hdo Hwhich Hof Hthe Hfollowing Hwith Ha
Htemporary Hpermit?
Issue Ha Hpermit Hfor Ha Hdemonstration Hdrive Hby Ha Hconsumer
Re Hfederal Hcash Hreporting Hrule Hrequires Hdealers Hto Hfile Hform
H83000.... H15 HDays
A Hnew Hmotor Hvehicle Hhas Hthree Hof Hthe Hfollowing Hcharacteristics. HWhich Hone Hdoesn't Hit Hhave?
D) Ha Htitle
A Hdealer Hwholesaler Hor Hsalespersons Hconvicted Hof Hany Hfelony Hor Hany Hcrime.. HHas Hhow Hmany
Hdays Hto Hreport Hconviction?
A) 30 HDays
, Three Hof Hthe Hfollowing Hare Hrequire Hwhen Ha Hdealer His Hadvertising Ha Hlease Hof Ha Ha Hmotor Hvehicle
Hor Hpowersports Hvehicle Hwith Ha Hpayment Hamount Hwhich Hone His Hnot Hrequired?
D) Hdisclosing Hthe Hcost Hof Hleasing Hversus Hthe Hcost Hof Hpurchasing
The Hdefinition Hof Ha Hused Hmother Hvehicle Hdealer Hor Hused Hpowersports Hdealer Hincludes Hwhich
Hof Hthe Hfollowing H?
A Hperson Hwho Hattempts Hto Hnegotiate Ha Hsale Hor Hlease Hof Ha Hused Hmotor Hvehicle Hor Hpowersports
Hvehicle Hwith Hthe Hintent Hto Hmake Ha Hprofit Hor Hgain
A Hcustomer's Htrade- Hin Hvehicle Hon Ha Hfinanced Hdeal Hmay Hbe Hsold
D) Honly Hwhen Hthe Hfinancing Hhas Hbeen Happroved
Wholesalers H:
C) must Huse Ha Hname Hother Hthan Htheir Hpersonal Hname Hon Hall Hbusiness Hdocuments
A Hdealer His Hrequired Hto Hhave Hon Hfile Hthe Hlicenses Hof Heach Hof Htheir Hemployed Hsalespersons Hbut
Hneed Hnot Hdisplay Hthem Hin Htheir Hplace Hof Hbusiness
False
The Hlicense Hof Ha Hmotor Hvehicle Hsalesperson Hor Ha Hpowersports Hsalesperson Hmay Hbe Hdenied,
Hrevoked Hor Hsuspended Hon Hthe Hfollowing Hgrounds
D) all Hof Hthe Habove
A Hdealer Hmust Htake Hin Hthe Htitle Hin Htheir Hown Hname Hbefore Hselling Ha Hcar Hto Hretail Hcustomer
B) False
A Hsalesperson Hcan Hchange Hdealerships Hduring Hthe Hlicensing Hyear Hprovided Hthat Hthe Hcorrect
Hform Hand Hfee His Hsubmitted Hto Hthe Hboard Hsuch Hsales Hperson Hmay Hbegin Hwork Has Ha Hmotor
Hvehicle Hsalespersons Hor Hpowersports Hsalesperson Hwhile Hawaiting Ha Hnew Hlicense Hfrom Hthe
Hboard
B) False
Records Hof Hvehicles Htransfers Hand Hodometer Hstatements Hmust Hbe Hretained Hfor:
C) 5 Hyear
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
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
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
HImmediately Hemploy Ha Hnew Hsalesperson, Hlicensed Hor Hnot
The Hlicense Hof Ha Hnew Hor Hused Hdealer, Hwholesale Hauction Hdealer Hor Hwholesaler Hmay Hbe Hdenied
Hsuspended, Hrevoked Hor Hfined Hfor Hall Hof Hthe Hfollowing Hgrounds Hexcept
Employing Ha Hproperly Hlicensed Hsalesperson
The Honly Hitems Hthat Hcan Hbe Hadded Hto Han Hadvertised Hprice Hare
C) Dealer Hhandling Hand Hpreparation Hcharges
The Hlicense Hof Ha Hmotor Hvehicle Hsalesperson Hor Ha Hpowersports Hsalesperson Hmay Hbe Hdenied,
Hrevoked, Hor Hsuspended Hon Hany Hof Hthe Hfollowing Hgrounds Hexcept:
D) using Hpoint Hof Hsale Hliterature Hin Hadvertising
A Hbuyer Hagent Hmay
be Hretained Hor Hhired Hby Ha Hconsumer Hto Hassist, Hrepresent, Hor Hact Hon Hbehalf Hof Hsuch
Hconsumer Hin Hconnection Hwith Hthe Hpurchase Hor Hlease Hof Ha Hmotor Hvehicle
Three Hof Hthe Hfollowing Hare Hdeceptive Htrade Hpractices. HWhich Hof Hthe Hfollowing His
Hnot? HDelivering Hgoods Has Hpromised
A Hnew Hor Hused Hmotor Hvehicle Hdealer Hmay Hlegally Hdo Hwhich Hof Hthe Hfollowing Hwith Ha
Htemporary Hpermit?
Issue Ha Hpermit Hfor Ha Hdemonstration Hdrive Hby Ha Hconsumer
Re Hfederal Hcash Hreporting Hrule Hrequires Hdealers Hto Hfile Hform
H83000.... H15 HDays
A Hnew Hmotor Hvehicle Hhas Hthree Hof Hthe Hfollowing Hcharacteristics. HWhich Hone Hdoesn't Hit Hhave?
D) Ha Htitle
A Hdealer Hwholesaler Hor Hsalespersons Hconvicted Hof Hany Hfelony Hor Hany Hcrime.. HHas Hhow Hmany
Hdays Hto Hreport Hconviction?
A) 30 HDays
, Three Hof Hthe Hfollowing Hare Hrequire Hwhen Ha Hdealer His Hadvertising Ha Hlease Hof Ha Ha Hmotor Hvehicle
Hor Hpowersports Hvehicle Hwith Ha Hpayment Hamount Hwhich Hone His Hnot Hrequired?
D) Hdisclosing Hthe Hcost Hof Hleasing Hversus Hthe Hcost Hof Hpurchasing
The Hdefinition Hof Ha Hused Hmother Hvehicle Hdealer Hor Hused Hpowersports Hdealer Hincludes Hwhich
Hof Hthe Hfollowing H?
A Hperson Hwho Hattempts Hto Hnegotiate Ha Hsale Hor Hlease Hof Ha Hused Hmotor Hvehicle Hor Hpowersports
Hvehicle Hwith Hthe Hintent Hto Hmake Ha Hprofit Hor Hgain
A Hcustomer's Htrade- Hin Hvehicle Hon Ha Hfinanced Hdeal Hmay Hbe Hsold
D) Honly Hwhen Hthe Hfinancing Hhas Hbeen Happroved
Wholesalers H:
C) must Huse Ha Hname Hother Hthan Htheir Hpersonal Hname Hon Hall Hbusiness Hdocuments
A Hdealer His Hrequired Hto Hhave Hon Hfile Hthe Hlicenses Hof Heach Hof Htheir Hemployed Hsalespersons Hbut
Hneed Hnot Hdisplay Hthem Hin Htheir Hplace Hof Hbusiness
False
The Hlicense Hof Ha Hmotor Hvehicle Hsalesperson Hor Ha Hpowersports Hsalesperson Hmay Hbe Hdenied,
Hrevoked Hor Hsuspended Hon Hthe Hfollowing Hgrounds
D) all Hof Hthe Habove
A Hdealer Hmust Htake Hin Hthe Htitle Hin Htheir Hown Hname Hbefore Hselling Ha Hcar Hto Hretail Hcustomer
B) False
A Hsalesperson Hcan Hchange Hdealerships Hduring Hthe Hlicensing Hyear Hprovided Hthat Hthe Hcorrect
Hform Hand Hfee His Hsubmitted Hto Hthe Hboard Hsuch Hsales Hperson Hmay Hbegin Hwork Has Ha Hmotor
Hvehicle Hsalespersons Hor Hpowersports Hsalesperson Hwhile Hawaiting Ha Hnew Hlicense Hfrom Hthe
Hboard
B) False
Records Hof Hvehicles Htransfers Hand Hodometer Hstatements Hmust Hbe Hretained Hfor:
C) 5 Hyear
