Omvic chapter 10 - Study guides, Class notes & Summaries

omvic chapter 15 questions with 100% correct answers 2024Explain four techniques that can be used to determine or research the distance a vehicle has been driven. - correct answer page 146-15.04 Why should a dealer do a lien check on a vehicle that is being taken in on trade? - correct answer Protect the dealer Is it possible for more than one party to hold a lien on the same vehicle? - correct answer Yes If a dealer agrees to pay out a lien on a customer's trade-in, the lien must be p...

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omvic chapter 17 questions with 100% correct answers graded A+ 2024True or False: The Code of Ethics Regulations are guidelines or "best practices" but do not have any real legal authority. - correct answer False Dealers and salespeople are required to conduct business in accordance with the law and with (select all that apply): - correct answer Integrity, Fairness, Honesty Failure to abide by the Code of Ethics Regulations can result in: - correct answer Revocation of registration, A di...

OMVIC COMPLETE CHAPTER 1-18 LATEST VERSION EXAM 100 QUESTIONS AND ANSWERS ALREADY GRADED A+

omvic chapter 10 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

What is the primary legislation governing Ontario's retail automotive sector? - Moter Vehicle Dealers Act, 2002 Which body or agency enforces MVDA? - OMVIC List Three Functions carried out by OMVIC - 1) Administers and enforces the MVDA 2) Inspects dealers 3)Maintains a complaint line for consumers 4) Conducts investigations 5) Conducts disciplinary hearings 6) Conducts prosecutions 7) Administers the Compensation Fund How many people compose OMVICS board of directors? How many deal...

OMVIC Automotive Test (Chapter 1-18) Already Graded A What is the primary legislation governing Ontario's retail automotive sector? (C1) MVDA Which body or agency enforces MVDA? (C1) a) Ministry of Government and Consumer Services b) TADA c) OMVIC d) Automotive Business School of Canada c) OMVIC List three functions carried out by OMVIC (C1). - Administers and enforces the MVDA - Inspects dealers - Maintains a complaint line for consumers - Conducts investigations - Conducts ...

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