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Exam (elaborations)

Colorado Car Sales Mastery Exam questions with answers

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Colorado Car Sales Mastery Exam questions with answers

Institution
Colorado Car Sales Mastery
Module
Colorado Car Sales Mastery









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Institution
Colorado Car Sales Mastery
Module
Colorado Car Sales Mastery

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Uploaded on
November 27, 2025
Number of pages
8
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

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Colorado Car Sales Mastery Exam |\ |\ |\ |\ |\




questions with 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: - CORRECT ANSWERS ✔✔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? -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\


CORRECT ANSWERS ✔✔All of the above
|\ |\ |\ |\ |\




Colorado Lemon law covers: - CORRECT ANSWERS ✔✔defects
|\ |\ |\ |\ |\ |\ |\ |\


that substantially impair the market value of the 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? -
|\ |\ |\ |\ |\ |\ |\ |\ |\


CORRECT ANSWERS ✔✔tax rate |\ |\ |\




The motor vehicle dealer board is authorized and empowered to:
|\ |\ |\ |\ |\ |\ |\ |\ |\


- CORRECT ANSWERS ✔✔All the above
|\ |\ |\ |\ |\ |\




The motor vehicle dealer board is authorized and empowered to:
|\ |\ |\ |\ |\ |\ |\ |\ |\


- CORRECT ANSWERS ✔✔All the above
|\ |\ |\ |\ |\ |\

, Local law enforcement officers must be notified within
|\ |\ |\ |\ |\ |\ |\ |\


repossession of a motor vehicle occurs: - CORRECT ANSWERS |\ |\ |\ |\ |\ |\ |\ |\ |\


✔✔1 Hour |\




All motor vehicle dealers and power-sports dealers must post a
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


clear, legible sign on their principal place of business if: -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\


CORRECT ANSWERS ✔✔they will be open less than 40 hours a
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\


week


A dealer may issue a temporary permits for each roadworthy
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


vehicle sold - CORRECT ANSWERS ✔✔False
|\ |\ |\ |\ |\




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 -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\


CORRECT ANSWERS ✔✔True |\ |\




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 - CORRECT ANSWERS |\ |\ |\ |\ |\ |\ |\ |\ |\


✔✔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? - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\


ANSWERS ✔✔motor vehicles with out-of-state titles |\ |\ |\ |\ |\




The motor vehicle dealer board does not have among its
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


members - CORRECT ANSWERS ✔✔three employees from the|\ |\ |\ |\ |\ |\ |\ |\


enforcement division |\

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