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OMVIC Examination Prep – Questions And Answers

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...

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OMVIC EXAM QUESTIONS AND ANSWERS What is the primary legislation governing Ontario's retail automotive sector? - ANS MVDA Which body or agency enforces MVDA? - ANS OMVIC How many people compose OMVIC's board of directors? - ANS 12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? - ANS under the transaction fee program, dealers are required to remit $10 for each vehicle sold or leased to OMVIC. These funds are remitted annually with the d...

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...