Sales Mastery Exam ( set of questions
1) Questions and Answers Latest 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:— 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
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business if:— Ans: B) they wull be open less than 40
hours a week
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
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