Omvic exam Study guides, Class notes & Summaries
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OMVIC EXAM LATEST 2024-2025 TESTBANK COMPLETE 450 QUESTIONS AND DETAILED SOLUTIONS
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OMVIC EXAM LATEST TESTBANK COMPLETE 450 QUESTIONS AND DETAILED SOLUTIONS
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OMVIC EXAM 20242025 Questions with 100% Correct Answers | Verified | Latest Update
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1.	What is the primary legislation governing Ontario's retail automotive sec- tor? 
ANS MVDA 
2.	Which body or agency enforces MVDA? 
ANS OMVIC 
3.	How many people compose OMVIC's board of directors? 
ANS 12 in total, 9 dealers and 3 consumer reps 
4.	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 dealers registration renewal fee. 
5.	T or F 
...
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OMVIC EXAM QUESTIONS AND ANSWERS
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OMVIC EXAM QUESTIONS AND ANSWERS
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OMVIC EXAM CHAPTER 1-18 LATEST 2024-2025 COMPLETE 500 QUESTIONS AND DETAILED SOLUTIONS
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OMVIC EXAM CHAPTER 1-18 LATEST COMPLETE 500 QUESTIONS AND DETAILED SOLUTIONS
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OMVIC Exam Questions & Answers | 100% Correct Answers | Verified | Latest 2024 Version
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What is the primary legislation governing Ontario's retail automotive sector? - MVDA 
Which body or agency enforces MVDA? - OMVIC 
How many people compose OMVIC's board of directors? - 12 in total, 9 dealers and 3 consumer reps 
What is the "transaction fee program"? - 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 dealers 
registration renewal fee. 
T or F: the fee can be passed on to...
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OMVIC exam with correct answers
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OMVIC exam with correct answers
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OMVIC Exam Questions And Answers (Verified And Updated)
- Exam (elaborations) • 8 pages • 2024
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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 EXAMINATION PREP NEW VESION 2024-2026 ALL QUESTIONS AND ANSWERS GRADE A+
- Exam (elaborations) • 29 pages • 2024
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OMVIC EXAMINATION PREP NEW VESION ALL 
QUESTIONS AND ANSWERS GRADE A+
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OMVIC EXAM QUESTIONS WITH COMPLETE SOLUTIONS.
- Exam (elaborations) • 8 pages • 2023
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OMVIC EXAM QUESTIONS WITH COMPLETE SOLUTIONS.
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OMVIC Exam Questions And Answers (Verified And Updated)
- Exam (elaborations) • 8 pages • 2024
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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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