OMVIC Chapter 4 question n answers graded A+

OMVIC Chapter 4 question n answers graded A+ On a purchase contract, what must be printed in 14 pt. bold font next to the buyer's signature? - correct answer Sales final List four items that must be in a contract for the sale of a new vehicle. - correct answer -Salesperson's name and registration number -Date of sale and date of delivery, -Vehicle identification number (VIN), if known, Make, model, model year and trim level of vehicle If a dealer does not have a specific new vehicle in stock, but will locate the vehicle and bring it in, what must be disclosed to the purchaser regarding the mileage? - correct answer If the contract does not specifically identify a new vehicle (e.g., a vehicle which must be located, VIN unknown), the maximum distance that will be shown on the odometer at the time of delivery or a statement initialled by the buyer that there is no maximum List four items (different from those provided in your answer to question 2) that must be included in contracts for the sale of a used vehicle. - correct answer -Buyer's name and address, -Dealer's registered name (and legal name if different from registered name), address and registration number, -Salesperson's name and registration number -Date of sale and date of delivery, VIN, Make, model, model year and trim level of vehicle. If a Safety Standards Certificate is issued for a vehicle, it means: - correct answer The vehicle met certain basic standards of safety on the date of inspection True or False: A dealer selling a vehicle "as is" may also provide a Safety Standards Certificate for the vehicle. - correct answer FALSE