and Answers (2026/2027) | Latest Exam
Practice Questions | Fully Verified
• According to colorado law, which of the following must be licensed as
a motor vehicle dealer and or powersports dealer? -✓✓All of the above
• Colorado Lemon law covers: -✓✓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? -✓✓tax rate
• The motor vehicle dealer board is authorized and empowered to: -
✓✓All the above
• The motor vehicle dealer board is authorized and empowered to: -
✓✓All the above
• Local law enforcement officers must be notified within repossession of
a motor vehicle occurs: -✓✓1 Hour
• All motor vehicle dealers and power-sports dealers must post a clear,
legible sign on their principal place of business if: -✓✓they will be open
less than 40 hours a week
, • A dealer may issue a temporary permits for each roadworthy vehicle
sold -✓✓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 -✓✓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 -✓✓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? -✓✓motor vehicles with
out-of-state titles
• The motor vehicle dealer board does not have among its members -
✓✓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 weigh less than 1,500 pounds -✓✓$1,000
• Three of the following are characteristics of an off-premise permit. .
Which one is not? -✓✓The permit cannot exceed six days except for the
national western stock show, the colorado state fair, greely stampede