State of Colorado Motor Vehicle Dealer|\ |\ |\ |\ |\ |\
Board Mastery Examination questions |\ |\ |\ |\
with answers |\
The Motor Vehicle Dealer Board has among its members -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔Board is comprised of three (3) motor
|\ |\ |\ |\ |\ |\ |\ |\ |\
vehicle dealers, three (3) used motor vehicle dealers, and three
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
(3) public members
|\ |\
https://www.colorado.gov/pacific/enforcement/dealer-board-
members-auto-industry-division
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 - CORRECT 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
https://www.colorado.gov/pacific/sites/default/files/January
%207%202015%20Motor%20Vehicles%20laws.pdf
,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 |\ |\ |\
violation occurred |\
d. all of the above - CORRECT 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.
https://www.colorado.gov/pacific/sites/default/files/January
%207%202015%20Motor%20Vehicles%20laws.pdf
Dealers may be administratively fined by the Dealer Board up to
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
what amount for |\ |\
each separate offense? - CORRECT 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
|\ |\ |\ |\ |\ |\ |\ |\ |\
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%20Motor%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 $ - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
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 |\ |\
$ - CORRECT 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 |\ |\ |\
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. -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT 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. |\ |\ |\
Board Mastery Examination questions |\ |\ |\ |\
with answers |\
The Motor Vehicle Dealer Board has among its members -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔Board is comprised of three (3) motor
|\ |\ |\ |\ |\ |\ |\ |\ |\
vehicle dealers, three (3) used motor vehicle dealers, and three
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
(3) public members
|\ |\
https://www.colorado.gov/pacific/enforcement/dealer-board-
members-auto-industry-division
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 - CORRECT 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
https://www.colorado.gov/pacific/sites/default/files/January
%207%202015%20Motor%20Vehicles%20laws.pdf
,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 |\ |\ |\
violation occurred |\
d. all of the above - CORRECT 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.
https://www.colorado.gov/pacific/sites/default/files/January
%207%202015%20Motor%20Vehicles%20laws.pdf
Dealers may be administratively fined by the Dealer Board up to
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
what amount for |\ |\
each separate offense? - CORRECT 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
|\ |\ |\ |\ |\ |\ |\ |\ |\
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%20Motor%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 $ - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
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 |\ |\
$ - CORRECT 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 |\ |\ |\
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. -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT 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. |\ |\ |\
