State of Colorado Motor Vehicle Dealer Board Mastery Examination Questions and Answers (Verified Answers)

State of Colorado Motor Vehicle Dealer Board Mastery Examination Questions and Answers (Verified Answers)
Question 1: 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 2: 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 3: 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. 

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