OMVIC Chapter 1-18 ACTUAL
EXAM QUESTIONS WITH
COMPLETE SOLUTION GUIDE (A+
GRADED 100% VERIFIED) LATEST
VERSION 2025!!
Save
Terms in this set (59)
What is the Moter Vehicle Dealers Act, 2002
primary
legislation
governing
Ontario's retail
automotive
sector?
,Which body or OMVIC
agency
enforces
MVDA?
1) Administers and enforces the
MVDA
2) Inspects dealers
List Three 3)Maintains a complaint line for
Functions consumers
carried out by 4) Conducts investigations
OMVIC 5) Conducts disciplinary hearings
6) Conducts prosecutions
7) Administers the Compensation
Fund
How many 12 total
people 9 dealer
compose 3 consumer
OMVICS board
of directors?
How many
dealers ? How
many
consumers?
, Under the transaction fee program
, dealer are required to remit $10
Briefly explain for each vehicle sold or leased
the (included fleet and "as is"
"Transactional transactions ) to OMVIC. These
Fee Program" funds are remitted annually with
the dealers registration renewal
fee.
True or False: True
The transaction
fee can be
passed along to
the customer?
True or False: True
Under the
Transaction Fee
Program,
dealers are
required to
remit $10 (to
OMVIC) for
each retail
vehicle sold or
leased?
, 1) A dealer's business name,
What address and phone number
information is
OMVIC 2) A salespersons name
required to
make available 3) Any proposal to refuse to renew,
to the public? suspend or revoke the registration
of a dealer or salesperson
Should OMVIC OMVIC may issue an order
determine a requiring the dealer to cease
dealers publication and/or issue a
advertising to retraction or correction
be false or
misleading,
what powers
does OMVIC
have to stop or
correct it?
EXAM QUESTIONS WITH
COMPLETE SOLUTION GUIDE (A+
GRADED 100% VERIFIED) LATEST
VERSION 2025!!
Save
Terms in this set (59)
What is the Moter Vehicle Dealers Act, 2002
primary
legislation
governing
Ontario's retail
automotive
sector?
,Which body or OMVIC
agency
enforces
MVDA?
1) Administers and enforces the
MVDA
2) Inspects dealers
List Three 3)Maintains a complaint line for
Functions consumers
carried out by 4) Conducts investigations
OMVIC 5) Conducts disciplinary hearings
6) Conducts prosecutions
7) Administers the Compensation
Fund
How many 12 total
people 9 dealer
compose 3 consumer
OMVICS board
of directors?
How many
dealers ? How
many
consumers?
, Under the transaction fee program
, dealer are required to remit $10
Briefly explain for each vehicle sold or leased
the (included fleet and "as is"
"Transactional transactions ) to OMVIC. These
Fee Program" funds are remitted annually with
the dealers registration renewal
fee.
True or False: True
The transaction
fee can be
passed along to
the customer?
True or False: True
Under the
Transaction Fee
Program,
dealers are
required to
remit $10 (to
OMVIC) for
each retail
vehicle sold or
leased?
, 1) A dealer's business name,
What address and phone number
information is
OMVIC 2) A salespersons name
required to
make available 3) Any proposal to refuse to renew,
to the public? suspend or revoke the registration
of a dealer or salesperson
Should OMVIC OMVIC may issue an order
determine a requiring the dealer to cease
dealers publication and/or issue a
advertising to retraction or correction
be false or
misleading,
what powers
does OMVIC
have to stop or
correct it?
