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OMVIC-| UPDATE COMPREHENSIVE MOST FREQUENTLY TESTED QUESTIONS AND VERIFIED ANSWERS |GRADED A+ |GET IT 100% ACCURATE!!

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OMVIC-| UPDATE COMPREHENSIVE MOST FREQUENTLY TESTED QUESTIONS AND VERIFIED ANSWERS |GRADED A+ |GET IT 100% ACCURATE!!

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  • October 24, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • OMVIC
  • OMVIC

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By: Studyplug • 3 days ago

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CodedNurse
10/24/24, 4:15 PM OMVIC-| 2024-2025 UPDATE COMPREHENSIVE MOST FREQUENTLY TESTED QUESTIONS AND VERIFIED ANSWERS …




OMVIC-| 2024-2025 UPDATE COMPREHENSIVE
MOST FREQUENTLY TESTED QUESTIONS AND
VERIFIED ANSWERS |GRADED A+ |GET IT 100%
ACCURATE!!


Terms in this set (111)


What is the primary MVDA
legislation governing
Ontario's retail
automotive sector?

Which body or agency OMVIC
enforces MVDA?

How many people 12 in total, 9 dealers and 3 consumer reps
compose OMVIC's board
of directors?

under the transaction fee program, dealers are
What is the "transaction required to remit $10 for each vehicle sold or leased
fee program"? to OMVIC. These funds are remitted annually with
the dealers registration renewal fee.

T or F: the fee can be True
passed on to the
consumer

A dealers name, address and phone number; a
What is OMVIC required
salespersons name; any proposal to refuse to
to make available to the
renew, suspend or revoke the registration of a
public?
dealer or salesperson




https://quizlet.com/961975971/omvic-2024-2025-update-comprehensive-most-frequently-tested-questions-and-verified-answers-graded-a-get-it-… 1/13

, 10/24/24, 4:15 PM OMVIC-| 2024-2025 UPDATE COMPREHENSIVE MOST FREQUENTLY TESTED QUESTIONS AND VERIFIED ANSWERS …

Should OMVIC Order to the dealer to cease publication and or
determine a dealers issue a retraction or correction
advertising to be false or
misleading what powers
do they have to stop or
correct it?

If an order is used to stop up to 2 years
or correct false
advertising, for how long
may the dealer need to
seek OMVIC pre
approval for future
advertising?

What is the minimum age 18
requirement to become a
dealer?

If a person has been 2 years have passed; new evidence to demonstrate
refused registration, what circumstances
are 2 conditions that have
to be met before the
person can reapply?

If OMVIC issues a LAT (license appeal tribunal ), Independent judicial
proposal to refuse body called LAT, within 15 days of receiving the
registration, to whom can proposal
the applicant appeal?

List the 4 classes of General dealer, Broker, Exporter, Wholesaler, Lease
dealers finance dealer

List 3 examples of Wholesale auction, wrecker, lawyer
individuals or businesses
that are exempt from
registration

Where is the certificate Where the public can see it
of the dealer registration
kept?




https://quizlet.com/961975971/omvic-2024-2025-update-comprehensive-most-frequently-tested-questions-and-verified-answers-graded-a-get-it-… 2/13

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