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Georgian College Course - Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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Georgian College Course - Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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  • June 19, 2024
  • 30
  • 2023/2024
  • Exam (elaborations)
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  • georgian college course questions with 100 act

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Georgian College Course - Questions
What is the primary legislation governing Ontario's retail automotive sector?
Какое основное законодательство управляет розничным автомобильным сектором
в Онтарио? - ANS-The Motor Vehicle Dealers Act, 2002 MVDA

see 1.04

Which body or agency enforces the MVDA? - ANS-OMVIC

see 1.04

List three functions carried out by OMVIC

Перечислите три функции, выполняемые OMVIC - ANS-Any three of the following:
• Administers and enforces the MVDA
(Администрирует и обеспечивает соблюдение MVDA)
• Inspects dealers
• Maintains a complaint line for consumers
(Поддерживает линию подачи жалоб потребителей)
• Conducts investigations
(Проводит расследования)
• Conducts disciplinary hearings
(Проводит дисциплинарные слушания)
• Conducts prosecutions
(Ведет судебные преследования)
• Administers the Compensation Fund
(Руководит фондом компенсации)

see 1.07

How many people compose OMVIC's Board of Directors? Of these, how
many represent the industry and how many represent consumers?
Сколько людей составляет совет директоров OMVIC? Сколько из них
представляют промышленность и сколько представляют потребителей? -
ANS-Twelve total, nine dealers and three
consumer reps
12 в общем 9 диллеров и 3 потребителей
see 1.07

,Briefly explain the "Transaction Fee Program."

Кратко объясните "Стоимость программы транзакций." - ANS-Under the transaction
fee program, dealers are required to remit $5 for each vehicle sold or leased (including
fleet and "as is" transactions) to OMVIC. These funds are remitted annually with the
dealer's registration renewal fee.

see 1.08

True or False: Under the Transaction Fee Program, dealers will be required
to remit $10 (to OMVIC) for each vehicle sold or leased. - ANS-False

see 1.08

True or False: The transaction fee can be passed along to the customer. - ANS-True
see 1.08

What information is OMVIC required to make available to the public? - ANS-d)
see 1.12
a) A dealer's business name, address and phone number
b) A salesperson's name
c) Any proposal to refuse to renew, suspend or revoke the
registration of a dealer or salesperson
d) All of the above

Should OMVIC determine a dealer's advertising to be false or misleading,
what powers does OMVIC have to stop or correct it? - ANS-OMVIC may issue an order
requiring the dealer
to cease publication and/or issue a retraction or
correction.
see 1.12

If an order is used to stop or correct false advertising, for how long may
the dealer need to seek OMVIC's pre-approval for future advertising? - ANS-Up to two
years

see 1.09

List two possible situations which could result in OMVIC applying to a

, court to appoint a receiver and manager to assume temporary control of
a dealership - ANS-This action might be taken:
• If there has been an investigation
• If the dealership is about to fail
• If OMVIC is proposing to revoke a registration
• If a freeze order is about to be made
see 1.10

What is the minimum age requirement to become a dealer? - ANS-18
see 2.05

List three requirements that must be met when applying to become
a salesperson. - ANS-Three requirements are:
• Complete/pass certification course
• Pay fee
• Be employed or retained by a registered dealer to
act as a salesperson
see 2.07

True or False: All dealer and salesperson applicants undergo a Canada-wide
criminal record search as part of the application screening process. - ANS-True
see 2.03

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 - ANS-a), b), c), d)
see 2.04

List two reasons why OMVIC might refuse the registration of a dealer
or salesperson. - ANS-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
see 2.05 and 2.10

If a person has been refused registration, what is one condition that has to

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