Omvic 6 - Study guides, Class notes & Summaries

What is the primary legislation governing Ontario's retail automotive sector? - ANSWER--Moter Vehicle Dealers Act, 2002 Which body or agency enforces MVDA? - ANSWER--OMVIC List Three Functions carried out by OMVIC - 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 people compose OMVICS board of d...

OMVIC Chapter 1-18 Questions and Answers 2023 with 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...

omvic 6

OMVIC Chapter 1-18 Questions and Answers Already Passed 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 ...

OMVIC Questions and Answers with Certified Solutions What is the primary legislation governing Ontario's retail automotive sector? MVDA Which body or agency enforces MVDA? OMVIC How many people compose OMVIC's board of directors? 12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? 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 dealers regi...

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 FINAL EXAM 2024 WITH COMPLETE SOLUTIONS. What is the primary legislation governing Ontario's retail automotive sector? - ANSWER MVDA Which body or agency enforces MVDA? - ANSWER OMVIC How many people compose OMVIC's board of directors? - ANSWER 12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? - 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 ...

1. What is the primary legislation governing Ontario's retail automotive sec- tor? ANS MVDA 2. Which body or agency enforces MVDA? ANS OMVIC 3. How many people compose OMVIC's board of directors? ANS 12 in total, 9 dealers and 3 consumer reps 4. What is the "transaction fee program"? ANS 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 dealers registration renewal fee. 5. T or F ...

What information is OMVIC required to make available to the public? 1) A dealer's business name, address and phone number 2) A salespersons name 3) Any proposal to refuse to renew, suspend or revoke the registration of a dealer or salesperson Where is the certificate of the dealer registration kept? Posted so the public is likely to see it True of False: A salesperson must produce his or her registration certificate for inspection if a customer asks to see it? True True o...