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Exam (elaborations)

State of Colorado Motor Vehicle Dealer Board Mastery Examination With Complete Solutions

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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 - ANSWER-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:

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May 5, 2024
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2023/2024
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State of Colorado Motor Vehicle Dealer
Board Mastery Examination With
Complete Solutions

The Motor Vehicle Dealer Board has among its members - ANSWER-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 - ANSWER-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 - ANSWER-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? - ANSWER-(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 $ - ANSWER-$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

$ - ANSWER-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. - ANSWER-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%20Motor
%20Vehicles%20laws.pdf



The definition of a used motor vehicle dealer includes which of the following? -
ANSWER-(17) "Used motor vehicle dealer" means any person who, for commission or
with intent to make a profit

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