omvic chapter 5
List three "previous uses of a vehicle" dealers must disclose. - ANS-Taxi, Limo, Police
vehicle...
List three types of incident damage that must be disclosed. - ANS-Fire, Flood, Collision
damage more than $3000
True or False: Dealer A buys from a daily rental company a car previously used in the
rental fleet. Dealer A then sells the car (giving full disclosure of the car's history as a
daily rental) to a consumer who buys it for personal use. A year later, the consumer
trades that car in to Dealer B. Dealer B does a history search and sees the car was
once a daily rental. Under Regulation 42 of the MVDA, when Dealer B sells this car to
another customer they are not required to inform the customer of the car's previous use
as a daily rental. - ANS-True
True or False: If a vehicle was declared a total loss in a collision, but has
since been repaired and received a structural safety certificate and a Safety
Standards Certificate (SSC) from an authorized repair centre, the dealer
does not need to notify a purchaser of the previous damage. - ANS-False
Which of the following must be disclosed? - ANS-The replacement of two or more
adjacent body panels
(excluding bumper covers)
Dealers must disclose known damage repairs in excess of: - ANS-$3000
True or False: A dealer does not have to inform a purchaser that a vehicle's
manufacturer's warranty has been cancelled, so long as the dealer offers or
sells the purchaser an extended warranty - ANS-False
True or False: If a dealer knows the odometer of a vehicle is inaccurate,
and cannot provide any indication of what the true mileage might be,
they must write on the contract "TMU" (which stands for "true mileage
unknown"). - ANS-False
Which of the following must be disclosed (select all that apply)? - ANS-vehicle was
previously registered in another province, state or country, A vehicle's anti-lock braking
system is not functioning, A vehicle's airbags are missing,
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