OMVIC - Study guides, Class notes & Summaries

OMVIC CHAPTER 18 REAL EXAM QUESTIONS WITH 100% RATED CORRECT ANSWERS 2025 LATEST UPDATED GRADED A+

Ch.1 - What is the primary legislation governing Ontario's retail automotive sector? - ACCURATE ANSWERS The Motor Vehicle Dealers Act, 2002 Check 1.04 Ch.1 - Which body or agency enforces the MVDA? a. Ministry of Government and Consumer Services b. TADA c. OMVIC d. Automotive Business School of Canada - ACCURATE ANSWERS c. OMVIC Check 1.04 Ch.1 - List three functions carried out by OMVIC. - ACCURATE ANSWERS Any three of the following: - Administers and enforces the MVDA - ...

List three examples of individuals or businesses that are exempt from registration - Any three from 2.14 Name one "change of information" that a dealer must notify OMVIC about. - Any of the following: • Change of dealer address • Changes of officers or directors (if dealer is a corporation or partnership) • The date of commencement of employment of every salesperson • The termination of employment of a salesperson and the date and reason for termination

Recession is automatically granted for failing to disclose? - The make, model and model year of the vehicle; the vehicle was previously a taxi or limo; the vehicle has been branded There are other disclosure requirements that, if not met, trigger a customer's rights. What are they? - Previous use as police emergency services vehicle; previous use as a daily rental; mileage/distance travelled T or F: the remedy of remission is available to a customer who is also a dealer - False Under ...

OMVIC FINAL EXAM PAPER 2025/2026 QUESTIONS WITH ANSWERS GRADED A+

Ch.2 - Name on "change of information" that a dealer must notify OMVIC about. - Any of the following: - Change of dealer address - Changes of officers or directors (if dealer is a corporation or partnership) - The date of commencement of employment of every salesperson - The termination of employment of a salesperson and the date and reason for termination see 2.19 Ch.2 - Please choose the most correct answer: In a large dealership, if the dealer principal delegates responsibility...

Ch.6 - Dealers are required to disclose all the information set out below (a - f); however, rescission is only granted automatically for failing to disclose three of them. Which are they? a. The make, model and model year of the vehicle b. The vehicle is missing things c. The vehicle was previously a taxi or limo d. The vehicle's manufacturer's warranty has been cancelled e. The vehicle has been branded f. The vehicle was involved in a collision - a. The make, model and model year ...

What are the 2 types of unfair practices? - Unconscionable representations, and false, misleading or deceptive representations What is the essential element of an "unconscionable representation"? - demonstrating a lack of conscience, taking advantage of a consumer who cannot adequately protect his or her own interests What is a "material fact"? - information that might affect a customer's decision to purchase or lease the vehicle if he or she knew about it, or the price the ...

OMVIC FINAL EXAM CERTIFIED QUESTIONS AND ANSWERS.OMVIC FINAL EXAM CERTIFIED QUESTIONS AND ANSWERS.OMVIC FINAL EXAM CERTIFIED QUESTIONS AND ANSWERS.