with Correct Answers 2026-2027
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 ANSWER -
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 p
owersports dealer? - CORRECT ANSWER -All of the above
Colorado Lemon law covers: - CORRECT ANSWER -
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 ANSWER -tax rate
The motor vehicle dealer board is authorized and empowered to: - CORRECT ANSWER -
All the above
The motor vehicle dealer board is authorized and empowered to: - CORRECT ANSWER -
All the above
Local law enforcement officers must be notified within repossession of a motor vehicle occurs: -
CORRECT ANSWER -1 Hour
All motor vehicle dealers and power-
sports dealers must post a clear, legible sign on their principal place of business if: -
CORRECT ANSWER -they will be open less than 40 hours a week
A dealer may issue a temporary permits for each roadworthy vehicle sold - CORRECT ANSWERV-
False
The motor vehicle dealer board may be decide how large a fine to impose on a dealer who sells primar
ily vehicles that weigh 1,500 pounds or more so long as it does not exceed 5k -
CORRECT ANSWER -True
The Colorado's consumer protection act declares bait and switch advertising to be deceptive trade pract
ice. Bait and switch advertising includes which of the following - CORRECT ANSWER -
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 ANSWER -motor vehicles with out-of-state titles
The motor vehicle dealer board does not have among its members - CORRECT ANSWER -
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 -