100% de satisfacción garantizada Inmediatamente disponible después del pago Tanto en línea como en PDF No estas atado a nada
logo-home
OMVIC Exam Questions and Answers $8.99   Añadir al carrito

Examen

OMVIC Exam Questions and Answers

 20 vistas  1 veces vendidas
  • Grado
  • OMVIC
  • Institución
  • OMVIC

OMVIC Exam Questions and Answers What is the primary legislation governing Ontario's retail automotive sector? - MVDA Which body or agency enforces MVDA? - OMVIC

Vista previa 2 fuera de 10  páginas

  • 1 de junio de 2024
  • 10
  • 2024/2025
  • Examen
  • Preguntas y respuestas
  • OMVIC
  • OMVIC
avatar-seller
OMVIC Exam Questions and
Answers 2024
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 registration renewal fee.

T or F: the fee can be passed on to the consumer - True

What is OMVIC required to make available to the public? - A dealers name,
address and phone number; a salespersons name; any proposal to refuse to
renew, suspend or revoke the registration of a dealer or salesperson

Should OMVIC determine a dealers advertising to be false or misleading what
powers do they have to stop or correct it? - Order to the dealer to cease
publication and or issue a retraction or correction

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? - up to 2
years

What is the minimum age requirement to become a dealer? - 18

If a person has been refused registration, what are 2 conditions that have
to be met before the person can reapply? - 2 years have passed; new
evidence to demonstrate circumstances

If OMVIC issues a proposal to refuse registration, to whom can the applicant
appeal? - LAT (license appeal tribunal ), Independent judicial body called
LAT, within 15 days of receiving the proposal

List the 4 classes of dealers - General dealer, Broker, Exporter, Wholesaler,
Lease finance dealer

List 3 examples of individuals or businesses that are exempt from
registration - Wholesale auction, wrecker, lawyer

, Where is the certificate of the dealer registration kept? - Where the public can
see it

Los beneficios de comprar resúmenes en Stuvia estan en línea:

Garantiza la calidad de los comentarios

Garantiza la calidad de los comentarios

Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!

Compra fácil y rápido

Compra fácil y rápido

Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.

Enfócate en lo más importante

Enfócate en lo más importante

Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!

Preguntas frecuentes

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

100% de satisfacción garantizada: ¿Cómo funciona?

Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ResearcherkD. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for $8.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

45,681 summaries were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Empieza a vender
$8.99  1x  vendido
  • (0)
  Añadir