Omvic all with questions - Study guides, Class notes & Summaries

Omvic All Questions And Answers With Verified Solutions (GRADED A+)

OMVIC Exam Questions And Answers (Verified And Updated) What is the primary legislation governing Ontario's retail automotive sector? - answerMVDA Which body or agency enforces MVDA? - answerOMVIC How many people compose OMVIC's board of directors? - answer12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? - answerunder the transaction fee program, dealers are required to remit $10 for each vehicle sold or leased to OMVIC. These funds are remitted annu...

OMVIC CHAPTER 1-18 EXAM ALL QUESTIONS AND CORRECT ANSWERS| ACTUAL EXAM WITH VERIFIED EDITION LATEST UPDATE 2024 ALREADY GRADED A+|| BRAND NEW!!!!

OMVIC Automative Test (Chapter 1-18) Questions And Answers Solved 100% Correct!! What is the primary legislation governing Ontario's retail automotive sector? (C1) 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 c) OMVIC List three functions carried out by OMVIC (C1). - Administers and enforces the MVDA - Inspects dealers - Maintains a complaint line for consumers - Conducts inv...

OMVIC Chapter 1-18 EXAM QUESTIONS WITH COMPLETE SOLUTIONS 2023. OMVIC Chapter 1-18 1. What is the primary legislation governing Ontario's retail automotive sector?: Moter Vehicle Dealers Act, 2002 2. Which body or agency enforces MVDA?: OMVIC 3. 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) Administe...

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: The Sale of Goods Act covers repairs. - correct answer False Purchasers are entitled to "quiet possession" of their vehicles. If a dealer innocently sold a consumer a vehicle that subsequently ...

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 law and with (select all that apply): - correct answer Integrity, Fairness, Honesty Failure to abide by the Code of Ethics Regulations can result in: - correct answer Revocation of registration, A di...

OMVIC Chapter 1-18 Exam Questions And Answers (Verified And Updated) What is the primary legislation governing Ontario's retail automotive sector? - answerMoter Vehicle Dealers Act, 2002 Which body or agency enforces MVDA? - answerOMVIC List Three Functions carried out by OMVIC - answer1) 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...

OMVIC Exam Questions And Answers (Verified And Updated) What is the primary legislation governing Ontario's retail automotive sector? - answerMVDA Which body or agency enforces MVDA? - answerOMVIC How many people compose OMVIC's board of directors? - answer12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? - answerunder the transaction fee program, dealers are required to remit $10 for each vehicle sold or leased to OMVIC. These funds are remitted annu...