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1 Exam (elaborations) OMVIC Chapter 1 questions well answered graded A+ 2 Exam (elaborations) OMVIC Chapter 2 question n answers graded A+ 2024 3 Exam (elaborations) OMVIC Chapter 12 questions with correct answers rated A+ 2024 4 Exam (elaborations) omvic course chapter 1 questions n answers rat...

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OMVIC Chapter 1-18 question n answers rated A+ 2024/2025

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OMVIC Chapter 1-18What is the primary legislation governing Ontario's retail automotive sector? - correct answer Moter 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 th...

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OMVIC Automative Test (Chapter 1-18)question n answers graded A+ 2024/2025

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OMVIC Automative Test (Chapter 1-18)question n answers graded A+ 2024/2025What 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) Auto...

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omvic chapter 16 Questions with 100% correct answers 2024/2025

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omvic chapter 16 Questions with 100% correct answers 2024/2025Explain "merchantable quality" as it relates to a used vehicle. - correct answer A used vehicle of merchantable quality has no hidden defects and will provide reasonable transportation for a reasonable period of time. True or False...

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omvic chapter 7 question n answers graded A+ 2024/2025

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omvic chapter 7 question n answers graded A+ 2024/2025Check any statement that is correct (there may be more than one correct statement): When selling to another dealer: - correct answer Selling dealers must disclose previous use as a taxi, police vehicle, etc,Selling dealers must disclose damage re...

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omvic chapter 10 question n answers graded A+ 2024/2025

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omvic chapter 10 question n answers graded A+ 2024/2025OMVIC inspectors must give how much notice before visiting/inspecting a dealer: - correct answer None True or False: An OMVIC inspector has the right to access dealer records, but not the vehicles on the dealer's lot. - correct answer False ...

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OMVIC Chapter 2 question n answers graded A+

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OMVIC Chapter 2 question n answers graded A+What is the minimum age to become a dealer? - correct answer 18 Three requirements that must be met when applying to become a salesperson: - correct answer - complete and pass course - pay fee -be employed by a dealer True or False: All dealer and ...

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omvic chapter 11 verified already passed 2024/2025

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omvic chapter 11 verified already passed 2024/2025What is a "curbsider"? - correct answer Unlicensed dealers What are common problems with the vehicles curbsiders sell? - correct answer Often the cars cur bsiders sell are misrepresented, accident-damaged, odometer-tampered, stolen or have ...

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omvic chapter 15 questions with 100% correct answers 2024

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omvic chapter 15 questions with 100% correct answers 2024Explain four techniques that can be used to determine or research the distance a vehicle has been driven. - correct answer page 146-15.04 Why should a dealer do a lien check on a vehicle that is being taken in on trade? - correct answer Pro...

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OMVIC Chapter 14 question n answers graded A+ already passed 2024/2025

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Motor vehicle repairs are governed by which Ontario legislation? - correct answer Consumer Protection Act True or False: Dealers/repairers must provide estimates for repairs. - correct answer True True or False: Final repair costs may not exceed the estimate by more than 10 per cent. - correct...

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omvic chapter13 question n answers graded A+ 2024

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omvic chapter13 question n answers graded A+ 2024Not all customers are consumers, but all consumers are customers." Explain the difference between a consumer and a customer. - correct answer A customer may be an individual acting for personal, family or household purposes, an individual acting for ...

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omvic chapter 9 correctly answered graded A+ 2024/2025

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omvic chapter 9 correctly answered graded A+ 2024/2025Extended warranties must be backed or guaranteed financially to ensure their viability. List two methods by which this backing can be provided. - correct answer The seller of the warranty has provided security to the Compensation Fund (for the e...

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OMVIC Chapter 4 question n answers graded A+

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OMVIC Chapter 4 question n answers graded A+ On a purchase contract, what must be printed in 14 pt. bold font next to the buyer's signature? - correct answer Sales final List four items that must be in a contract for the sale of a new vehicle. - correct answer -Salesperson's name and registr...

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omvic chapter 5 questions and answers graded A+ 2024/2025

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omvic chapter 5List three "previous uses of a vehicle" dealers must disclose. - correct answer Taxi, Limo, Police vehicle... List three types of incident damage that must be disclosed. - correct answer Fire, Flood, Collision damage more than $3000 True or False: Dealer A buys from a daily re...

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omvic chapter 17 questions with 100% correct answers graded A+ 2024

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omvic chapter 17 questions with 100% correct answers graded A+ 2024True or False: The Code of Ethics Regulations are guidelines or "best practices" but do not have any real legal authority. - correct answer False Dealers and salespeople are required to conduct business in accordance with the la...

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OMVIC Greasy Dealer questions with complete solutions 2024/2025

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OMVIC Greasy Dealer questions with complete solutions 2024/2025What is the primary legislation governing Ontario's retail automotive sector - correct answer The Motor Vehicle Dealers Act, 2002 Which body or agency enforces the MVDA? a) Ministry of Consumer Services b) OADA/TADA c) OMVIC d) A...

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Certification Quiz Part 2 (2023)updated already passed

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Certification Quiz Part 2 (2023)updated already passedOMVIC inspectors must give how much notice before visiting/inspecting a dealer? a) 24 hours' notice b) 48 hours' notice c) seven days' notice d) none - correct answer d) none An OMVIC inspector has the right to access dealer records, bu...

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omvic 7 questions well answered graded/passed 2024

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omvic 7 questions well answered graded/passed 2024 Check any statement that is correct (there may be more than one correct statement): When selling to another dealer: a) Selling dealers must disclose previous use as a taxi, police vehicle, etc. b) Selling dealers must disclose damage repairs in...

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CHAPTER 3 Dealer Premises and Records verified already passed 2024

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CHAPTER 3 Dealer Premises and Records verified already passed 2024 Dealers may sell vehicles from any location, so long as they have registered a head office with OMVIC - correct answer FALSE Requirements for a dealers premises - correct answer -Provide a separate, permanent, fully secured and e...

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OMVIC ALL questions with complete solutions 2024/2025

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OMVIC ALL questions with complete solutions 2024/2025 Ch.1 - What is the primary legislation governing Ontario's retail automotive sector? - correct answer The Motor Vehicle Dealers Act, 2002 see 1.04 Ch.1 - Which body or agency enforces the MVDA? a. Ministry of Government and Consumer Se...

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Omvic Examination Prep verified already passed 2024/2025

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Omvic Examination Prep verified already passed 2024/2025 AN OMVIC Inspector has the right to access dealer records, but not the vehicles on the dealer's lot. A) True B) False - correct answer B) False What is the primary legislation that governs Ontario's retail automotive sector? A) MV...

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omvic course chapter 1 questions n answers rated A+ 2024

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omvic course chapter 1 questions n answers rated A+ 2024How many people compose OMVIC's Board of Directors? Of these, how many represent the industry and how many represent consumers - correct answer twelve total, nine dealers and three consumer reps Briefly explain the "Transaction Fee Program...

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OMVIC Chapter 12 questions with correct answers rated A+ 2024

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OMVIC Chapter 12 questions with correct answers rated A+ 2024 Is the Compensation Fund available to all customers, or only customers who are considered "consumers"? - correct answer Consumer only How much does each salesperson pay into the Fund? - correct answer Nothing How much does each d...

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OMVIC Chapter 2 question n answers graded A+ 2024

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OMVIC Chapter 2 question n answers graded A+ 2024What is the minimum age requirement to become a dealer - correct answer 18 List three requirements that must be met when applying to become a salesperson - correct answer complete/pass certification course, pay fee, be employed or retained by a reg...

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