OMVIC Automative Test (Chapter 1-18)
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1. What is the primary legislation governing On- MVDA
tario's retail automotive sector? (C1)
2. Which body or agency enforces MVDA? (C1) c) OMVIC
a) Ministry of Government and Consumer Ser-
vices
b) TADA
c) OMVIC
d) Automotive Business School of Canada
3. List three functions carried out by OMVIC (C1). - Administers and enforces the
MVDA
- Inspects dealers
- Maintains a complaint line for
consumers
- Conducts investigations
- Conducts disciplinary hearings
- Conducts prosecutions
- Administers the compensation
fund
4. How many people compose OMVIC's board of 12 in total, 9 dealers and 3 con-
directors? Of these, how many represent the in- sumer reps
dustry and how many represent consumers? (C1)
5. Briefly explain the "Transaction Fee Program" Under the transaction fee pro-
(C1). gram, dealers are required to re-
mit $10 for each vehicle sold or
leased (including fleet and "as
is" transactions) to OMVIC. These
funds are remitted annually with
, OMVIC Automative Test (Chapter 1-18)
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the dealers registration renewal
fee.
6. True or False: Under the Transaction Fee Pro- True
gram, the dealers are required to remit $10 (to
OMVIC) for each retail vehicle sold or leased. (C1)
7. T or F: the fee can be passed on to the consumer True
(C1)
8. What is OMVIC required to make available to the d) all of the above
public? (C1)
a) A dealers name, address and phone number
b) a salespersons name
c) any proposal to refuse to renew, suspend or re-
voke the registration of a dealer or salesperson
d) all of the above
9. Should OMVIC determine a dealers advertising OMVIC may issue an order requir-
to be false or misleading what powers do they ing the dealer to cease publication
have to stop or correct it? (C1) and/or issue a retraction or cor-
rection.
10. If an order is used to stop or correct false adver- Up to two years
tising, for how long may the dealer need to seek
OMVIC pre approval for future advertising? (C1)
11. List two possible situations which could result in This action might be taken:
OMVIC applying to a court to appoint a receiver - If there has been an investiga-
and manager to assume temporary control of a tion
dealership. (C1) - If the dealership is about to fall
- If OMVIC is proposing to revoke
a registration
, OMVIC Automative Test (Chapter 1-18)
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- If a freeze order is about to be
made
12. What is the minimum age requirement to be- 18
come a dealer? (C2)
13. List three requirements that must be met when - Complete/pass certification
applying to become a salesperson.(C2) course
- Pay fee
- Be employed or retained by a
registered dealer to act as a sales-
person.
14. True or False: All dealer and salesperson appli- True
cants undergo a Canada-wide criminal record
search as part of the application screening
process. (C2)
15. Which of the following must be registered with a, b, c, d
OMVIC?(C2)
a) Dealers
b) Salespersons
c) Business managers
d) Finance managers
e) Service Managers
16. List two reasons why OMVIC might refuse the Any two of:
registration of a dealer or salesperson?(C2) - Past conduct
- False statement on application
- Failed to comply with terms
- Cannot be expected to be finan-
cially responsible
- The Compensation Fund has
Study online at https://quizlet.com/_ce8ho7
1. What is the primary legislation governing On- MVDA
tario's retail automotive sector? (C1)
2. Which body or agency enforces MVDA? (C1) c) OMVIC
a) Ministry of Government and Consumer Ser-
vices
b) TADA
c) OMVIC
d) Automotive Business School of Canada
3. List three functions carried out by OMVIC (C1). - Administers and enforces the
MVDA
- Inspects dealers
- Maintains a complaint line for
consumers
- Conducts investigations
- Conducts disciplinary hearings
- Conducts prosecutions
- Administers the compensation
fund
4. How many people compose OMVIC's board of 12 in total, 9 dealers and 3 con-
directors? Of these, how many represent the in- sumer reps
dustry and how many represent consumers? (C1)
5. Briefly explain the "Transaction Fee Program" Under the transaction fee pro-
(C1). gram, dealers are required to re-
mit $10 for each vehicle sold or
leased (including fleet and "as
is" transactions) to OMVIC. These
funds are remitted annually with
, OMVIC Automative Test (Chapter 1-18)
Study online at https://quizlet.com/_ce8ho7
the dealers registration renewal
fee.
6. True or False: Under the Transaction Fee Pro- True
gram, the dealers are required to remit $10 (to
OMVIC) for each retail vehicle sold or leased. (C1)
7. T or F: the fee can be passed on to the consumer True
(C1)
8. What is OMVIC required to make available to the d) all of the above
public? (C1)
a) A dealers name, address and phone number
b) a salespersons name
c) any proposal to refuse to renew, suspend or re-
voke the registration of a dealer or salesperson
d) all of the above
9. Should OMVIC determine a dealers advertising OMVIC may issue an order requir-
to be false or misleading what powers do they ing the dealer to cease publication
have to stop or correct it? (C1) and/or issue a retraction or cor-
rection.
10. If an order is used to stop or correct false adver- Up to two years
tising, for how long may the dealer need to seek
OMVIC pre approval for future advertising? (C1)
11. List two possible situations which could result in This action might be taken:
OMVIC applying to a court to appoint a receiver - If there has been an investiga-
and manager to assume temporary control of a tion
dealership. (C1) - If the dealership is about to fall
- If OMVIC is proposing to revoke
a registration
, OMVIC Automative Test (Chapter 1-18)
Study online at https://quizlet.com/_ce8ho7
- If a freeze order is about to be
made
12. What is the minimum age requirement to be- 18
come a dealer? (C2)
13. List three requirements that must be met when - Complete/pass certification
applying to become a salesperson.(C2) course
- Pay fee
- Be employed or retained by a
registered dealer to act as a sales-
person.
14. True or False: All dealer and salesperson appli- True
cants undergo a Canada-wide criminal record
search as part of the application screening
process. (C2)
15. Which of the following must be registered with a, b, c, d
OMVIC?(C2)
a) Dealers
b) Salespersons
c) Business managers
d) Finance managers
e) Service Managers
16. List two reasons why OMVIC might refuse the Any two of:
registration of a dealer or salesperson?(C2) - Past conduct
- False statement on application
- Failed to comply with terms
- Cannot be expected to be finan-
cially responsible
- The Compensation Fund has
