QUESTIONS AND ANSWERS
The license of a motor vehicle salesperson or power-sports salesperson may be denied,revoked
or suspended on any of the following grounds except: - ANS 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? - ANS d) All of the above
Colorado Lemon law covers: - ANS 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? - ANS d)
tax rate
The motor vehicle dealer board is authorized and empowered to: - ANS D)all of the above
Local law enforcement officers must be notified within 1 hours before or after the repossession
of a motor vehicle occurs: - ANS A)1 hours
All motor vehicle dealers and power-sports dealers must post a celar, legible sign on their
principal place of business if: - ANS B) they wull be open less than 40 hours a week
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, A dealer may issue a temporary permits for each roadworthy vehicle sold - ANS 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 moreso long as it does not exeed 5k -
ANS a)True (verify)
The colorado consumer protection act declares bait and switch advertising to be deceptive
trade practice. Bait and switch advertising includes which of the following - ANS 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? - ANS B)motor vehicles with out-of-state titles
The motor vehicle dealer board does not have among its members - ANS 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 wigh less than 1,500
pounds - ANS $1,000
Three of the following are characteristics of an off-premise permit. . WHich one is not? -
ANS 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? - ANS B) a dealer
shall clearly indicate on the costumer contract when a vehicle sold "as is" and withou a
guarantee
When advertising a specific number of motor vehicles that same number of vehicles must have
been invoiced to the dealer - ANS A)True
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