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State of Colorado Motor Vehicle Dealer Board Mastery Examination ACTUAL EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE (A+ GRADED 100% VERIFIED) LATEST VERSION 2025!!

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State of Colorado Motor Vehicle Dealer Board Mastery Examination ACTUAL EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE (A+ GRADED 100% VERIFIED) LATEST VERSION 2025!!

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State of Colorado Motor Vehicle Dealer Board Mastery Examination
State of Colorado Motor Vehicle Dealer Board Mastery Examination
ACTUAL EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE (A+
Study online at https://quizlet.com/_9qmcpf
GRADED 100% VERIFIED) LATEST VERSION 2025!!
1. The Motor Vehicle Dealer Board has Board is comprised of three (3) motor ve-
among its members hicle dealers, three (3) used motor vehicle
dealers, and three (3) public members


https://www.colorado.gov/pacific/enforce-
ment/dealer-board-members-auto-indus-
try-division

2. The Motor Vehicle Dealer Board is autho- C. the administration, enforcement, is-
rized and empowered to suance, and denial of licenses to motor ve-
hicle dealers, motor vehicle salespersons,
a. issue or deny buyer agent licenses used motor vehicle dealers, wholesale motor
b. issue or deny manufacturer representa- vehicle auction dealers, and wholesalers
tive licenses
c. issue or deny motor vehicle dealer and https://www.colorado.gov/pacific/sites/de-
salesperson licenses fault/files/January%207%202015%20Mo-
d. all of the above tor%20Vehicles%20laws.pdf

The executive director is hereby charged
with the administration, enforcement, and
issuance or denial of the licensing of buy-
er agents, distributors, manufacturer repre-
sentatives, and motor vehicle manufacturers.

3. The Motor Vehicle Dealer Board is autho- D.
rized and empowered to: (f) (I) To investigate through the executive
a. investigate any suspected or alleged vi- director, on its own motion or upon the writ-
olation by any motor vehicle salesperson ten and signed complaint of any person, any
b. investigate any suspected or alleged vi- suspected or alleged violation by any motor
olation by any motor vehicle dealer vehicle dealer, motor vehicle
c. order an administrative hearing be held salesperson, used motor vehicle dealer,
if it believes there is probable cause that a wholesale motor vehicle auction dealer, or


, State of Colorado Motor Vehicle Dealer Board Mastery Examination
Study online at https://quizlet.com/_9qmcpf

violation occurred wholesaler licensee of any of the terms and
d. all of the above 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 investiga-
tion of all written and signed complaints,
shall have the authority to issue subpoe-
nas and to delegate the authority to issue
subpoenas to the executive director, and the
executive director shall make an investiga-
tion of all such complaints transmitted by the
board pursuant to section 12-6-105.

if the board determines that there is proba-
ble cause to believe a violation of this article
has occurred, it may order that an adminis-
trative hearing be held pursuant to section
24-4-105, C.R.S.

https://www.colorado.gov/pacific/sites/de-
fault/files/January%207%202015%20Mo-
tor%20Vehicles%20laws.pdf

4. Dealers may be administratively fined by (m) (I) (A) If a hearing is held before an
the Dealer Board up to what amount for administrative law judge or a hearing officer
each separate offense? 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



, State of Colorado Motor Vehicle Dealer Board Mastery Examination
Study online at https://quizlet.com/_9qmcpf

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/de-
fault/files/January%207%202015%20Mo-
tor%20Vehicles%20laws.pdf

5. New and used motor vehicle dealers, $50,000 for Dealer/Wholesaler
wholesalers and wholesale auction dealers
are https://www.colorado.gov/pacific/enforce-
required to have a surety bond in the ment/dealer-and-wholesaler-motor-vehi-
amount of $ cle-powersports-auto-industry-division

6. Motor vehicle salespersons are required to Surety Bond with FULL LEGAL NAME in the
have a surety bond in the amount of amount of $15,000. A photocopy may be
$ submitted.

https://www.colorado.gov/pacific/enforce-
ment/salesperson-auto-industry-division

7. Selling ___ or more vehicles or offering for The sale or lease of three or
sale more than ___ vehicles at the same more new or new and used motor vehicles
address or telephone number in any one or the offering for sale or lease of more than
calendar year, shall be prima facie evidence three new or
that new and used motor vehicles at the same
a person is engaged in the business of sell- address or telephone number in any one
ing motor vehicles. calendar year shall
be prima facie evidence that a person is en-
gaged in the business of selling or leasing
new or new and

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