Omvic 6 - Study guides, Class notes & Summaries
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OMVIC CHAPTER 1-18 LATEST 2023/2024 EXAM WITH 60 QUESTION AND CORRECT ANSWERS/GRADED A+
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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...
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OMVIC Chapter 1-18 Questions and Answers 2023 with complete solution
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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...
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OMVIC Exam Bundle
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OMVIC Greasy Dealer Exam Questions and Answers

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OMVIC Exam Questions and Answers (Graded A)

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OMVIC Exam Questions and Answers 2024

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OMVIC Chapter One Exam Questions and Answers

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omvic chapter 18 exam with correct answers

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OMVIC Chapter 1-18 Questions and Answers Already Passed
- Exam (elaborations) • 17 pages • 2024
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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 ...
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omvic 6 questions and and answers fully solved
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omvic 6
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OMVIC Questions and Answers with Certified Solutions
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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...
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OMVIC Chapter 1-18 | 100% Correct Answers | Verified | Latest 2024 Version
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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...
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OMVIC FINAL EXAM 2024 WITH COMPLETE SOLUTIONS.
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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 ...
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OMVIC EXAM 20242025 Questions with 100% Correct Answers | Verified | Latest Update
- Exam (elaborations) • 25 pages • 2024
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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 
...
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OMVIC Chapter 1-18 Questions with Verified Answers |Latest 2024/2025.
- Exam (elaborations) • 12 pages • 2024
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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...
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