STATE OF COLORADO MOTOR VEHICLE DEALER BOARD MASTERY EXAM WITH COMPLETE SOLUTIONS RATED A.

STATE OF COLORADO MOTOR VEHICLE DEALER BOARD MASTERY EXAM WITH COMPLETE SOLUTIONS RATED A.
Question : The Motor Vehicle Dealer Board has among
its members
Correct answer: Board is comprised of three (3) motor
vehicle dealers, three (3) used motor vehicle dealers, and
three (3) public members
Question : 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
Correct 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
Question : 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
Correct 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

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