1
STATE OF COLORADO MOTOR VEHICLE DEALER
BOARD MASTERY EXAM QUESTIONS AND VERIFIED
ANSWERS 2025 LATEST GUIDE.
The Motor Vehicle Dealer Board has among its members - (answers)Board is
comprised of three (3) motor vehicle dealers, three (3) used motor vehicle
dealers, and three (3) public members
The Motor Vehicle Dealer Board is authorized and empowered to
a. issue or deny buyer agent licenses
b. issue or deny manufacturer representative licenses
c. issue or deny motor vehicle dealer and salesperson licenses
d. all of the above - (answers)C. the administration, enforcement, issuance, and
denial of licenses to motor vehicle dealers, motor vehicle salespersons, used
motor vehicle dealers, wholesale motor vehicle auction dealers, and wholesalers
The executive director is hereby charged with the administration, enforcement,
and issuance or denial of the licensing of buyer agents, distributors, manufacturer
representatives, and motor vehicle manufacturers.
The Motor Vehicle Dealer Board is authorized and empowered to:
a. investigate any suspected or alleged violation by any motor vehicle salesperson
b. investigate any suspected or alleged violation by any motor vehicle dealer
c. order an administrative hearing be held if it believes there is probable cause
that a
, 2
violation occurred
d. all of the above - (answers)D.
(f) (I) To investigate through the executive director, on its own motion or upon
the written and signed complaint of any person, any suspected or alleged
violation by any motor vehicle dealer, motor vehicle
salesperson, used motor vehicle dealer, wholesale motor vehicle auction dealer,
or wholesaler licensee of any of the terms and provisions of this part 1 or of any
rule or regulation promulgated by the board
under the authority conferred upon it in this section. The board shall order an
investigation of all written and signed complaints, shall have the authority to issue
subpoenas and to delegate the authority to issue subpoenas to the executive
director, and the executive director shall make an investigation of all such
complaints transmitted by the board pursuant to section 12-6-105.
if the board determines that there is probable cause to believe a violation of this
article has occurred, it may order that an administrative hearing be held pursuant
to section 24-4-105, C.R.S.
Dealers may be administratively fined by the Dealer Board up to what amount for
each separate offense? - (answers)(m) (I) (A) If a hearing is held before an
administrative law judge or a hearing officer designated by the
board from within the board's membership, after due notice and a hearing by
such judge or hearing
officer pursuant to section 24-4-105, C.R.S., to review the findings of law and fact
and the fairness of any
, 3
fine imposed and to uphold such fine, to impose an administrative fine upon its
own initiative, which
shall not exceed ten thousand dollars for each separate offense
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20
Motor%20Vehicles%20laws.pdf
New and used motor vehicle dealers, wholesalers and wholesale auction dealers
are
required to have a surety bond in the amount of $ - (answers)$50,000 for
Dealer/Wholesaler
https://www.colorado.gov/pacific/enforcement/dealer-and-wholesaler-motor-
vehicle-powersports-auto-industry-division
Motor vehicle salespersons are required to have a surety bond in the amount of
$ - (answers)Surety Bond with FULL LEGAL NAME in the amount of $15,000. A
photocopy may be submitted.
https://www.colorado.gov/pacific/enforcement/salesperson-auto-industry-
division
Selling ___ or more vehicles or offering for sale more than ___ vehicles at the
same
, 4
address or telephone number in any one calendar year, shall be prima facie
evidence that
a person is engaged in the business of selling motor vehicles. - (answers)The sale
or lease of three or
more new or new and used motor vehicles or the offering for sale or lease of
more than three new or
new and used motor vehicles at the same address or telephone number in any
one calendar year shall
be prima facie evidence that a person is engaged in the business of selling or
leasing new or new and
used motor vehicles.
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20
Motor%20Vehicles%20laws.pdf
The definition of a used motor vehicle dealer includes which of the following? -
(answers)(17) "Used motor vehicle dealer" means any person who, for
commission or with intent to make a profit
or gain of money or other thing of value, sells, exchanges, leases, or offers an
interest in used motor
vehicles, or attempts to negotiate a sale, exchange, or lease of used and new
motor vehicles or who is
engaged wholly or in part in the business of selling used motor vehicles, whether
or not such motor
vehicles are owned by such person.
STATE OF COLORADO MOTOR VEHICLE DEALER
BOARD MASTERY EXAM QUESTIONS AND VERIFIED
ANSWERS 2025 LATEST GUIDE.
The Motor Vehicle Dealer Board has among its members - (answers)Board is
comprised of three (3) motor vehicle dealers, three (3) used motor vehicle
dealers, and three (3) public members
The Motor Vehicle Dealer Board is authorized and empowered to
a. issue or deny buyer agent licenses
b. issue or deny manufacturer representative licenses
c. issue or deny motor vehicle dealer and salesperson licenses
d. all of the above - (answers)C. the administration, enforcement, issuance, and
denial of licenses to motor vehicle dealers, motor vehicle salespersons, used
motor vehicle dealers, wholesale motor vehicle auction dealers, and wholesalers
The executive director is hereby charged with the administration, enforcement,
and issuance or denial of the licensing of buyer agents, distributors, manufacturer
representatives, and motor vehicle manufacturers.
The Motor Vehicle Dealer Board is authorized and empowered to:
a. investigate any suspected or alleged violation by any motor vehicle salesperson
b. investigate any suspected or alleged violation by any motor vehicle dealer
c. order an administrative hearing be held if it believes there is probable cause
that a
, 2
violation occurred
d. all of the above - (answers)D.
(f) (I) To investigate through the executive director, on its own motion or upon
the written and signed complaint of any person, any suspected or alleged
violation by any motor vehicle dealer, motor vehicle
salesperson, used motor vehicle dealer, wholesale motor vehicle auction dealer,
or wholesaler licensee of any of the terms and provisions of this part 1 or of any
rule or regulation promulgated by the board
under the authority conferred upon it in this section. The board shall order an
investigation of all written and signed complaints, shall have the authority to issue
subpoenas and to delegate the authority to issue subpoenas to the executive
director, and the executive director shall make an investigation of all such
complaints transmitted by the board pursuant to section 12-6-105.
if the board determines that there is probable cause to believe a violation of this
article has occurred, it may order that an administrative hearing be held pursuant
to section 24-4-105, C.R.S.
Dealers may be administratively fined by the Dealer Board up to what amount for
each separate offense? - (answers)(m) (I) (A) If a hearing is held before an
administrative law judge or a hearing officer designated by the
board from within the board's membership, after due notice and a hearing by
such judge or hearing
officer pursuant to section 24-4-105, C.R.S., to review the findings of law and fact
and the fairness of any
, 3
fine imposed and to uphold such fine, to impose an administrative fine upon its
own initiative, which
shall not exceed ten thousand dollars for each separate offense
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20
Motor%20Vehicles%20laws.pdf
New and used motor vehicle dealers, wholesalers and wholesale auction dealers
are
required to have a surety bond in the amount of $ - (answers)$50,000 for
Dealer/Wholesaler
https://www.colorado.gov/pacific/enforcement/dealer-and-wholesaler-motor-
vehicle-powersports-auto-industry-division
Motor vehicle salespersons are required to have a surety bond in the amount of
$ - (answers)Surety Bond with FULL LEGAL NAME in the amount of $15,000. A
photocopy may be submitted.
https://www.colorado.gov/pacific/enforcement/salesperson-auto-industry-
division
Selling ___ or more vehicles or offering for sale more than ___ vehicles at the
same
, 4
address or telephone number in any one calendar year, shall be prima facie
evidence that
a person is engaged in the business of selling motor vehicles. - (answers)The sale
or lease of three or
more new or new and used motor vehicles or the offering for sale or lease of
more than three new or
new and used motor vehicles at the same address or telephone number in any
one calendar year shall
be prima facie evidence that a person is engaged in the business of selling or
leasing new or new and
used motor vehicles.
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20
Motor%20Vehicles%20laws.pdf
The definition of a used motor vehicle dealer includes which of the following? -
(answers)(17) "Used motor vehicle dealer" means any person who, for
commission or with intent to make a profit
or gain of money or other thing of value, sells, exchanges, leases, or offers an
interest in used motor
vehicles, or attempts to negotiate a sale, exchange, or lease of used and new
motor vehicles or who is
engaged wholly or in part in the business of selling used motor vehicles, whether
or not such motor
vehicles are owned by such person.
