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OMVIC Chapter 2 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution $7.99   Add to cart

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OMVIC Chapter 2 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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OMVIC Chapter 2 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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  • June 19, 2024
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  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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OMVIC Chapter 2
What is the minimum age to become a dealer? - ANS-18

Three requirements that must be met when applying to become a salesperson: - ANS--
complete and pass course
- pay fee
-be employed by a dealer

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

Dealers, Salespersons, Business Managers & Finance Managers - ANS-Must be
registered with OMVIC

OMVIC might refuse registration of a dealer or salesperson if: - ANS-- there is a false
statement on application
- cannot be financially responsible

If you are refused from the OMVIC registration, how long until you can reapply? - ANS-2
years with new evidence to prove change

If OMVIC issues a proposal to refuse or revoke a registration, whom can the applicant
appeal? - ANS-Licence Appeal Tribunal

Four Classes of Dealers - ANS-General Dealer, Broker, Wholesaler, and Exporter

Three examples of people who are exempt from OMVIC registration: - ANS-Wrecker,

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