Exam (elaborations)
OMVIC CHAPTER 16 TEST LATEST UPDATED
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OMVIC CHAPTER 16 TEST LATEST UPDATED...
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Describe "merchantable quality" in terms of a pre-owned car. - ANSWER Aused car of merchantable quality is free of hidden flaws and will last a lot of
time while offering decent transportation.
Is it true that the Sale of Goods Act covers repairs? - Untrue Answer
Buyers are allowed to have "quiet possession" of their cars. What should a
dealer do if they unintentionally sold a customer a car that was later discovered
to be stolen and impounded by the authorities? - ANSWER Refund the buyer's
money and get in touch with the vendor
of the car to request a reimbursement of the funds paid by
the vendor. The dealer can get in touch with OMVIC for
support.
Choose every option that pertains: Vehicles sold must comply with the Sale of
Goods Act by: - ANSWER For a reasonable amount of time, offer reasonable
transportation, be appropriate for the use for which they were designed
True or False: Vehicles sold "as is" are exempt from the Sale of Goods Act. -
Untrue Answer
Give three instances of "conditions" that clients would choose to have in the
agreement. - ANSWER Getting approved for financing and locating cheap
insurance
parent approval, spouse, partner, Additional equipment to be added
To be done repairs
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