What is omvic - Study guides, Class notes & Summaries

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...

What is the primary legislation governing Ontario's retail automotive sector? Correct Answer MVDA Which body or agency enforces MVDA? Correct Answer OMVIC How many people compose OMVIC's board of directors? Correct Answer 12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? Correct 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 with the dealers registrati...

2024 OMVIC FINAL EXAM WITH 300 ACTUAL EXAM QUESTIONS AND CORRECT VERIFIED ANSWERS / OMVIC ONTARIO MOTOR VEHICLE INDUSTRY COUNCIL FINAL EXAM LATEST 2024 (NEWEST!!) What is the primary legislation governing Ontario's retail automotive sector? - ANSWER-MVDA 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? - ANSWER-up to 2 years Choose the most correct answer: The OMVIC inspector: a) Can remove ...

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...

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

OMVIC 2024 Exam | 111 Actual Questions and Answers 100% Correct

OMVIC FINAL EXAM 2023...

This collection features the questions most frequently tested on the OMVIC 2024 exam. Ace your test effortlessly with this well-researched material, compiled from recent exams.

What is the primary legislation governing Ontario's retail automotive sector ~~> The 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 ~~> OMVIC List three functions carried out by OMVIC ~~> • Administers and enforces the MVDA • Inspects dealers • Maintains a complaint line for consumers • Conducts investigations • Conducts disciplinary hearings...

What is the primary legislation governing Ontario's retail automotive sector? (C1) Correct Answer-MVDA Which body or agency enforces MVDA? (C1) a) Ministry of Government and Consumer Services b) TADA c) OMVIC d) Automotive Business School of Canada Correct Answer-c) OMVIC List three functions carried out by OMVIC (C1). Correct Answer-- Administers and enforces the MVDA - Inspects dealers - Maintains a complaint line for consumers - Conducts investigations - Conducts disciplinary h...