11/28/25, 6:02 PM OMVIC Exam fully solved & updated 2025-2026(latest version verified for accuracy) | 2024\2025Latest!! Flashcards | Quizlet
OMVIC Exam fully solved & updated 2025-
2026(latest version verified for accuracy) |
2024\2025Latest!!
Save
Terms in this set (111)
What is the primary MVDA
legislation governing
Ontario's retail automotive
sector?
Which body or agency OMVIC
enforces MVDA?
How many people 12 in total, 9 dealers and 3 consumer reps
compose OMVIC's board
of directors?
under the transaction fee program, dealers are
What is the "transaction required to remit $10 for each vehicle sold or leased
fee program"? to OMVIC. These funds are remitted annually with the
dealers registration renewal fee.
T or F: the fee can be True
passed on to the
consumer
A dealers name, address and phone number; a
What is OMVIC required
salespersons name; any proposal to refuse to renew,
to make available to the
suspend or revoke the registration of a dealer or
public?
salesperson
https://quizlet.com/1114260119/omvic-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-20242025latest-flash-cards/?new 1/14
, 11/28/25, 6:02 PM OMVIC Exam fully solved & updated 2025-2026(latest version verified for accuracy) | 2024\2025Latest!! Flashcards | Quizlet
Should OMVIC determine Order to the dealer to cease publication and or issue
a dealers advertising to be a retraction or correction
false or misleading what
powers do they have to
stop or correct it?
If an order is used to stop up to 2 years
or correct false
advertising, for how long
may the dealer need to
seek OMVIC pre approval
for future advertising?
What is the minimum age 18
requirement to become a
dealer?
If a person has been 2 years have passed; new evidence to demonstrate
refused registration, what circumstances
are 2 conditions that have
to be met before the
person can reapply?
If OMVIC issues a LAT (license appeal tribunal ), Independent judicial
proposal to refuse body called LAT, within 15 days of receiving the
registration, to whom can proposal
the applicant appeal?
List the 4 classes of General dealer, Broker, Exporter, Wholesaler, Lease
dealers finance dealer
List 3 examples of Wholesale auction, wrecker, lawyer
individuals or businesses
that are exempt from
registration
Where is the certificate of Where the public can see it
the dealer registration
kept?
https://quizlet.com/1114260119/omvic-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-20242025latest-flash-cards/?new 2/14
OMVIC Exam fully solved & updated 2025-
2026(latest version verified for accuracy) |
2024\2025Latest!!
Save
Terms in this set (111)
What is the primary MVDA
legislation governing
Ontario's retail automotive
sector?
Which body or agency OMVIC
enforces MVDA?
How many people 12 in total, 9 dealers and 3 consumer reps
compose OMVIC's board
of directors?
under the transaction fee program, dealers are
What is the "transaction required to remit $10 for each vehicle sold or leased
fee program"? to OMVIC. These funds are remitted annually with the
dealers registration renewal fee.
T or F: the fee can be True
passed on to the
consumer
A dealers name, address and phone number; a
What is OMVIC required
salespersons name; any proposal to refuse to renew,
to make available to the
suspend or revoke the registration of a dealer or
public?
salesperson
https://quizlet.com/1114260119/omvic-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-20242025latest-flash-cards/?new 1/14
, 11/28/25, 6:02 PM OMVIC Exam fully solved & updated 2025-2026(latest version verified for accuracy) | 2024\2025Latest!! Flashcards | Quizlet
Should OMVIC determine Order to the dealer to cease publication and or issue
a dealers advertising to be a retraction or correction
false or misleading what
powers do they have to
stop or correct it?
If an order is used to stop up to 2 years
or correct false
advertising, for how long
may the dealer need to
seek OMVIC pre approval
for future advertising?
What is the minimum age 18
requirement to become a
dealer?
If a person has been 2 years have passed; new evidence to demonstrate
refused registration, what circumstances
are 2 conditions that have
to be met before the
person can reapply?
If OMVIC issues a LAT (license appeal tribunal ), Independent judicial
proposal to refuse body called LAT, within 15 days of receiving the
registration, to whom can proposal
the applicant appeal?
List the 4 classes of General dealer, Broker, Exporter, Wholesaler, Lease
dealers finance dealer
List 3 examples of Wholesale auction, wrecker, lawyer
individuals or businesses
that are exempt from
registration
Where is the certificate of Where the public can see it
the dealer registration
kept?
https://quizlet.com/1114260119/omvic-exam-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-20242025latest-flash-cards/?new 2/14
