Omvic automotive exam - Study guides, Class notes & Summaries

OMVIC Exam Questions with 100% Correct Answers 2024 Update 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 de...

OMVIC EXAM QUESTIONS AND ANSWERS What is the primary legislation governing Ontario's retail automotive sector? - ANS MVDA Which body or agency enforces MVDA? - ANS OMVIC How many people compose OMVIC's board of directors? - ANS 12 in total, 9 dealers and 3 consumer reps 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 d...

OMVIC Exam Questions And Answers (Verified And Updated) What is the primary legislation governing Ontario's retail automotive sector? - answerMVDA Which body or agency enforces MVDA? - answerOMVIC How many people compose OMVIC's board of directors? - answer12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? - answerunder the transaction fee program, dealers are required to remit $10 for each vehicle sold or leased to OMVIC. These funds are remitted annu...

OMVIC Chapter 1-18 Exam Questions And Answers What is the primary legislation governing Ontario's retail automotive sector? - ANS Moter Vehicle Dealers Act, 2002 Which body or agency enforces MVDA? - ANS OMVIC List Three Functions carried out by OMVIC - ANS 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 Compensatio...

OMVIC Exam Questions And Answers (Verified And Updated) What is the primary legislation governing Ontario's retail automotive sector? - answerMVDA Which body or agency enforces MVDA? - answerOMVIC How many people compose OMVIC's board of directors? - answer12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? - answerunder the transaction fee program, dealers are required to remit $10 for each vehicle sold or leased to OMVIC. These funds are remitted annu...

OMVIC Greasy Dealer Exam Questions And Answers (Verified And Updated) What is the primary legislation governing Ontario's retail automotive sector - answerThe Motor Vehicle Dealers Act, 2002 Which body or agency enforces the MVDA? a) Ministry of Consumer Services b) OADA/TADA c) OMVIC d) Automotive Business School of Canada - answerOMVIC List three functions carried out by OMVIC - answer• Administers and enforces the MVDA • Inspects dealers • Maintains a complaint line for cons...

OMVIC Chapter 1-18 Exam Questions And Answers (Verified And Updated) What is the primary legislation governing Ontario's retail automotive sector? - answerMoter Vehicle Dealers Act, 2002 Which body or agency enforces MVDA? - answerOMVIC List Three Functions carried out by OMVIC - answer1) 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...

OMVIC Chapter 1-18 Exam| Questions With Complete Solution 2024 What is the primary legislation governing Ontario's retail automotive sector? Correct Answer Motor 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 pr...

OMVIC Exam Questions With Verified Answers What is the primary legislation governing Ontario's retail Automotive sector? - answerThe Motor Vehicles Act Which body or agency enforces MVDA? - answerOMVIC List three functions carried out by OMVIC - answer• Administers and enforces the MVDA • Inspects dealers • Maintains a complaint line for consumers • Conducts investigations • Conducts disciplinary hearings • Conducts prosecutions • Administers the Compensation