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Exam (elaborations)

OMVIC EXAMINATION (ACTUAL ) QUESTIONS WITH ANSWERS

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  • OMVIC
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  • OMVIC

OMVIC EXAMINATION (ACTUAL ) QUESTIONS WITH ANSWERS

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  • October 20, 2024
  • 40
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • OMVIC
  • OMVIC
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jackbundi9071
OMVIC EXAMINATION (ACTUAL 2024-2025)
QUESTIONS WITH ANSWERS.
Should OMVIC issue a proposal to refuse (or revoke)
registration, to whom can the applicant appeal?


A) License Appeal Tribunal (LAT)
B) OADA/TADA
C) OMVIC
D) Ministry of Transportation - <<Answers>>>A) License
Appeal Tribunal (LAT)


Which of the following is not one of the four "classes" of
dealers?


A) General Dealer - New and Used Vehicles
B) General Dealer - Used Vehicles
C) Broker
D) Inside Ontario Dealer
E) Outside Ontario Dealer - <<Answers>>>D) Inside Ontario
Dealer


Which of the following is NOT an individual or business that
is exempt from registration?


A) Lawyer
B) Registered Charity

, OMVIC EXAMINATION (ACTUAL 2024-2025)
QUESTIONS WITH ANSWERS.
C) A business or individual who exports vehicle
D) Wholesale Auction - <<Answers>>>C) A business or
individual who exports vehicle
Which of the following must be disclosed in dealer-to-dealer
sales and leases?


A) The vehicle has had the hood repainted


B) The vehicle is a formal daily rental that hasn't been
subsequently owned by someone other than a dealer


C) The vehicles ABS is not working


D) The air conditioning does not work - <<Answers>>>B)
The vehicle is a formal daily rental that hasn't been
subsequently owned by someone other than a dealer


C) The vehicles ABS is not working


In dealer-to-dealer transactions, the following disclosure is not
required as it is for retail transaction only: any fact about the
vehicle that affects the structural or mechanical quality or
performance of the vehicle that, if disclosed, could reasonably
be expected to influence the decision of a reasonable buyer or
lessee to buy or lease the vehicle.

, OMVIC EXAMINATION (ACTUAL 2024-2025)
QUESTIONS WITH ANSWERS.

A) True
B) False - <<Answers>>>B) False


When selling to another dealer, what must the selling dealer
do if he/she cannot determine the distance the vehicle has
been driven? (Choose best answer)


A) If possible provide an odometer reading from a past date
accompanied by a statement that "the total distance a vehicle
has been driven is believed to be higher"


B) Write on the bill of sale - "True mileage unknown"


C) This is not a required disclosure in wholesale transactions -
<<Answers>>>A) If possible provide an odometer reading
from a past date accompanied by a statement that "the total
distance a vehicle has been driven is believed to be higher"


Select any statement that is correct: A contract for sale or
lease of a vehicle between dealers:


A) Must disclose specific information to comply with the
Code of Ethics Regulations

, OMVIC EXAMINATION (ACTUAL 2024-2025)
QUESTIONS WITH ANSWERS.
B) Must disclose exactly the same information required in the
sale of a vehicle to a purchaser who is a consumer


C) Must disclose a statement as to whether CAMVAP is
available


D) Is subject to the provisions of the Consumer Protection Act
- <<Answers>>>A) Must disclose specific information to
comply with the Code of Ethics Regulations


If a dealer's advertisement contains a price for a vehicle, that
price must include:


A) Administration fees


B) Taxes (unless ad states in a clear, comprehensible and
prominent manner that taxes are not included)


C) Freight and PDI


D) "other" fees the dealer intends to collect such as
documentation fees, window-etching fees, SSC fees, etc.


E) All of the above - <<Answers>>>E) All of the above

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