Omvic 4 - Study guides, Class notes & Summaries

OMVIC Questions And Answers Latest Top Score. What is the primary legislation governing Ontario's retail automotive sector? - correct answer. MVDA Which body or agency enforces MVDA? - correct answer. OMVIC How many people compose OMVIC's board of directors? - correct answer. 12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? - correct answer. under the transaction fee program, dealers are required to remit $10 for each...

OMVIC Chapter 1-18 Exam Test with Verified Answers Graded A+ 1. What is the primary legislation govern- ing Ontario's retail automotive sector? Moter Vehicle Dealers Act, 2002 2. Which body or agency enforces MVDA? OMVIC 3. List Three Functions carried out by OMVIC 4. How many people compose OMVICS board of directors? How many dealers ? How many consumers? 5. Briefly explain the "Transactional Fee Program" 6. True or False: The transaction fee can be passed along to the customer?...

OMVIC Automative Test (Chapter 1-18) Questions And Answers Solved 100% Correct!! 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 inv...

OMVIC Final Exam Study Test Questions With Revised Correct Answers | New Update If an order is used to stop or correct false advertising, for how long may the dealer need to seek OMVIC pre approval for future advertising? - ANSWER : up to 2 years What is the minimum age requirement to become a dealer? - ANSWER : 18 If a person has been refused registration, what are 2 conditions that have to be met before the person can reapply? - ANSWER : 2 years have passed; new evidence to dem...

What is the primary legislation governing Ontario's retail automotive sector? - correct answer-MVDA Which body or agency enforces MVDA? - correct answer-OMVIC How many people compose OMVIC's board of directors? - correct answer-12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? - correct answer-under the transaction fee program, dealers are required to remit $10 for each vehicle sold or leased to OMVIC. These funds are remitted annually with the dealer...

OMVIC Chapter 1-18 Exam with Verified Answers Graded A+ 1. What is the primary legislation govern- ing Ontario's retail automotive sector? Moter Vehicle Dealers Act, 2002 2. Which body or agency enforces MVDA? OMVIC 3. List Three Functions carried out by OMVIC 4. How many people compose OMVICS board of directors? How many dealers ? How many consumers? 5. Briefly explain the "Transactional Fee Program" 6. True or False: The transaction fee can be passed along to the customer? 7. ...

What is the primary legislation governing Ontario's retail automotive sector? - correct answer-Moter Vehicle Dealers Act, 2002 Which body or agency enforces MVDA? - correct answer-OMVIC List Three Functions carried out by OMVIC - correct answer-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 peop...

OMVIC Final Exam with Complete Solutions!! Already Graded A+ What is the primary legislation governing Ontario's retail automotive sector? Which body or agency enforces MVDA? How many people compose OMVIC's board of directors? What is the "transaction fee program"? T or F: the fee can be passed on to the consumer What is OMVIC required to make avail- able to the public? Should OMVIC determine a dealers ad- vertising to be false or misleading what powers do they have to stop or c...

OMVIC Chapter 1-18 Exam Test with Verified Answers 100% Pass What is the primary legislation governing Ontario's retail automotive sector? Moter Vehicle Dealers Act, 2002 Which body or agency enforces MVDA? OMVIC 1) Administers and enforces the MVDA 2) Inspects dealers 3) Maintains a complaint line for con- List Three Functions carried out by OMVIC How many people compose OMVICS board of directors? How many dealers ? How many consumers? Briefly explain the "Transactional Fee Progr...