SALES MASTERY COMPREHENSIVE STUDY
GUIDE WITH VERIFIED ANSWERS 2026
• 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 1 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 celar,
legible sign on their principal place of business if: Answer: B) they wull
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 moreso long as it does not exeed 5k Answer: 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 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 wigh less than 1,500 pounds Answer: $1,000
GUIDE WITH VERIFIED ANSWERS 2026
• 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 1 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 celar,
legible sign on their principal place of business if: Answer: B) they wull
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 moreso long as it does not exeed 5k Answer: 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 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 wigh less than 1,500 pounds Answer: $1,000
