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motor vehicle industry license Exam Questions and Answers

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motor vehicle industry license Exam Questions and Answers

Institution
Motor Vehicle Industry License
Course
Motor vehicle industry license









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Institution
Motor vehicle industry license
Course
Motor vehicle industry license

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Uploaded on
December 16, 2025
Number of pages
9
Written in
2025/2026
Type
Exam (elaborations)
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Questions & answers

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motor vehicle industry license Exam Questions
and Answers

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Terms in this set (65)


Three of the following ~Vehicles 10 years old or older
types of motor vehicles ~Vehicles having a gross empty weight more than
are exempt from the truth 10,000 lbs
in mileage act. ~Vehicles not self propelled (Trailers)

The definition of a used Any person who attempts to make profit lease or sale
motor vehicle dealer or of a used vehicle
used dealer includes
which of the following?

All Of The Above
The Motor Vehicle Board
is authorized and
empowered to:
~Amend and repeal rules, regulations and previsions

When advertising a TRUE
specific number of motor
vehicles, that same
number of vehicles must
be invoiced to the dealer

ad that attracts consumers with a low-priced product,
bait and switch
then tries to sell them a higher-priced product

, Selling, Leasing, Trade-In, TRUE
with option to purchase,
offering or negotiating
and exchange of interest
in 3+ vehicles in any 1 year
is prima facie evidence
that a person is engaged
in the business of selling
or leasing motor vehicles

By obtaining an off- False
premise permit, dealers NO Sale of vehicle should be done on Sundays
may sell motor vehicles at
another location on
Sunday

Which of the following a demo drive cannot exceed 7 days
statements is true
regarding dealer demo
plates?

defects that substantially impair the market value of
CO Lemon Law includes:
the vehicle

Motor vehicle insurance is for all registered vehicles intended for use on
required: colorado roads

in-transit plates may be used to transport vehicles
Which is true regarding in-
from point of purchase to point of storage or from
transit plates?
point of storage to point of sale

Licensed dealers may sell The selling of boat trailers and snowmobile are
which of the following on exempt
Sundays?

Which of the following effect a lien creating a security interest
steps are required to
properly and legally
repossess a motor
vehicle?

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