OMVIC Greasy Dealer Exam Study Guide with Correct Answers
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Course
2024/2025
Institution
2024/2025
OMVIC Greasy Dealer Exam Study
Guide with Correct Answers
What is the primary legislation governing Ontario's retail automotive sector - Answer-The Motor
Vehicle Dealers Act, 2002
Which body or agency enforces the MVDA?
a) Ministry of Consumer Services
b) OADA/TADA
c) OMVIC
d) Automotive Bu...
True or False: All dealer and salesperson applicants undergo a Canada-wide criminal record search as
part of the application screening process. - Answer✔✔-T
Which of the following must be registered with OMVIC (select all that apply):
a) Dealers d) Finance managers
b) Salespersons e) Service managers
c) Business managers - Answer✔✔-a), b), c), d)
List two reasons why OMVIC might refuse the registration of a dealer
or salesperson - Answer✔✔-Any two of:
• Past conduct
• False statement on application
• Failed to comply with terms
• Cannot be expected to be financially responsible
• The Compensation Fund has paid out a claim
and has not been reimbursed
If a person has been refused registration, what is one condition that has to be met before the person can
reapply? - Answer✔✔-One of the following:
• Two years have passed
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