Omvic chapter 10 - Study guides, Class notes & Summaries

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OMVIC Chapter 1-18 test Questions & Answers 2023/2024 ( A+ Graded 100%)

What is the Canadian Motor Vehicle Arbitration Plan? Correct Answer CAMVAP Briefly explain a "consignment transaction." Correct Answer A vehicle owner (consignor) gives a vehicle to the dealer (consignee) to sell on the owner's behalf. True or False: The total amount the dealer will charge the consignor on the sale of the vehicle (whether as a fixed amount or a commission share) can be negotiated after the sale and does not have to be included in the contract. Correct Answer False T...

OMVIC Chapter 1-18 Questions and Answers Already Passed 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 How ...

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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) 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 co...

1. Motor vehicle repairs are governed by which Ontario legislation? ANS Consumer Protection Act 2. True or False Dealers/repairers must provide estimates for repairs ANS True 3. True or False Final repair costs may not exceed the estimate by more than 10 per cent ANS True 4. List five pieces of information that must be on all repair invoices ANS * The name of the consumer * The name of the repairer (and if different, the name under which the repairer carries on business) * The busines...