Omvic real final exam - Study guides, Class notes & Summaries
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OMVIC REAL FINAL EXAM QUESTIONS AND VERIFIED SOLUTIONS 2024/2025 GRADED A+.
- Exam (elaborations) • 8 pages • 2024
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OMVIC REAL FINAL EXAM 
QUESTIONS AND VERIFIED 
SOLUTIONS 2024/2025 GRADED 
A+. 
2 / 7 
1. What is the primary legislation governing Ontario's retail automotive sec-tor?: MVDA 
2. Which body or agency enforces MVDA?: OMVIC 
3. How many people compose OMVIC's board of directors?: 12 in total, 9dealers and 3 consumer reps 
4. 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.Thesefunds are remit...
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OMVIC REAL FINAL EXAM QUESTIONS AND VERIFIED SOLUTIONS 2024/2025 GRADED A+.
- Exam (elaborations) • 25 pages • 2024
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OMVIC REAL FINAL EXAM QUESTIONS AND VERIFIED SOLUTIONS 2024/2025 GRADED A+. 2 / 7 1. What is the primary legislation governing Ontario's retail automotive sec-tor?: MVDA 2. Which body or agency enforces MVDA?: OMVIC 3. How many people compose OMVIC's board
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