OMVIC STUDY CORRECT GUIDED QUESTIONS
AND ANSWERS SURE A+
✔✔Ch.5 - True or False: Dealer A buys from a daily rental company, a car previously
used in the rental fleet. Dealer A then sells the car (giving full disclosure of the car's
history as a daily rental) to a consumer who buys it for personal use. A year later, the
consumer trades that car in to Dealer B. Dealer B does a history search and sees the
car was once a daily rental. Under Regulation 42 of the MVDA, when Dealer B sells this
car to another customer they are not required to inform the customer of the car's
previous use as a daily rental. - ✔✔True
see 5.06 4.
✔✔Ch.5 - True or False: If a vehicle was declared a total loss in a collision, but has
since been repaired and received a structural safety certificate and a Safety Standards
Certificate (SSC) from an authorized repair centre, the dealer does not need to notify a
purchaser of the previous damage. - ✔✔False
see 5.06 8.
✔✔Ch.5 - Which of the following must be disclosed?
a. The replacement of any single body panel (excluding bumper covers)
,b. The replacement of two or more adjacent body panels (excluding bumper covers)
c. The repainting of two or more adjacent body panels (excluding bumper covers) -
✔✔b. The replacement of two or more adjacent body panels (excluding bumper covers)
see 5.06 8.
✔✔Ch.5 - Dealers must disclose known damage repairs in excess of:
a. $2,000
b. $3,000
c. $5,000
d. $10,000 - ✔✔b. $3,000
see 5.07
✔✔Ch.5 - True or False: A dealer does not have to inform a purchaser that a vehicle's
manufacturer's warranty has been cancelled, so long as the dealer offers or sells the
purchaser an extended warranty. - ✔✔False
see 5.06 9.
✔✔Ch.5 - True or False: If a dealer knows the odometer of a vehicle is inaccurate, and
cannot provide any indication of what the true mileage might be, they must write on the
contract "TMU" (which stands for "true mileage unknown"). - ✔✔False
see 5.06 18.
✔✔Ch.5 - Which of the following must be disclosed (select all that apply)?
a. A vehicle was previously registered, in another province, state or country
b. A vehicle's anti-lock braking system is not functioning
c. A vehicle's airbags are missing
d. A vehicle's air conditioning system requires repair
e. All of the above - ✔✔e. All of the above
see 5.06 12. - 15.
✔✔Ch.5 - Disclosure must be provided in a timely manner, in writing, and be presented
in a way that is:
a. Easy, precise and fair
b. Clear, comprehensible and prominent
c. Apparent, logical and friendly - ✔✔b. Clear, comprehensible and prominent
see 5.09
, ✔✔Ch.5 - Give two examples of steps dealers can take to ensure they know the history
of vehicles they buy or accept in trade. - ✔✔Any two of:
- Use a vehicle history report
- Understand the strengths and weaknesses of the various vehicle history reports
- Thoroughly examine the vehicles
see 5.07
✔✔Ch.6 - True of False: The MVDA remedy of rescission (cancellation of a sales
contract) is available only to a customer who is a "consumer." - ✔✔False
see 6.05
✔✔Ch.6 - Dealers are required to disclose all the information set out below (a - f);
however, rescission is only granted automatically for failing to disclose three of them.
Which are they?
a. The make, model and model year of the vehicle
b. The vehicle is missing things
c. The vehicle was previously a taxi or limo
d. The vehicle's manufacturer's warranty has been cancelled
e. The vehicle has been branded
f. The vehicle was involved in a collision - ✔✔a. The make, model and model year of the
vehicle
c. The vehicle was previously a taxi or limo
e. The vehicle has been branded
see 6.05
✔✔Ch.6 - There are three other disclosure requirements that, if not met, trigger a
customer's rescission rights. What are they? - ✔✔Rescission is triggered if the following
is not disclosed:
- Previous use as police/emergency services vehicle
- Previous use as daily rental (unless subsequently owned by someone other than a
dealer)
- Mileage/distance travelled
see 6.05
✔✔Ch.6 - True of False: The remedy of rescission is available to a customer who is
also a dealer. - ✔✔False
see 6.04
AND ANSWERS SURE A+
✔✔Ch.5 - True or False: Dealer A buys from a daily rental company, a car previously
used in the rental fleet. Dealer A then sells the car (giving full disclosure of the car's
history as a daily rental) to a consumer who buys it for personal use. A year later, the
consumer trades that car in to Dealer B. Dealer B does a history search and sees the
car was once a daily rental. Under Regulation 42 of the MVDA, when Dealer B sells this
car to another customer they are not required to inform the customer of the car's
previous use as a daily rental. - ✔✔True
see 5.06 4.
✔✔Ch.5 - True or False: If a vehicle was declared a total loss in a collision, but has
since been repaired and received a structural safety certificate and a Safety Standards
Certificate (SSC) from an authorized repair centre, the dealer does not need to notify a
purchaser of the previous damage. - ✔✔False
see 5.06 8.
✔✔Ch.5 - Which of the following must be disclosed?
a. The replacement of any single body panel (excluding bumper covers)
,b. The replacement of two or more adjacent body panels (excluding bumper covers)
c. The repainting of two or more adjacent body panels (excluding bumper covers) -
✔✔b. The replacement of two or more adjacent body panels (excluding bumper covers)
see 5.06 8.
✔✔Ch.5 - Dealers must disclose known damage repairs in excess of:
a. $2,000
b. $3,000
c. $5,000
d. $10,000 - ✔✔b. $3,000
see 5.07
✔✔Ch.5 - True or False: A dealer does not have to inform a purchaser that a vehicle's
manufacturer's warranty has been cancelled, so long as the dealer offers or sells the
purchaser an extended warranty. - ✔✔False
see 5.06 9.
✔✔Ch.5 - True or False: If a dealer knows the odometer of a vehicle is inaccurate, and
cannot provide any indication of what the true mileage might be, they must write on the
contract "TMU" (which stands for "true mileage unknown"). - ✔✔False
see 5.06 18.
✔✔Ch.5 - Which of the following must be disclosed (select all that apply)?
a. A vehicle was previously registered, in another province, state or country
b. A vehicle's anti-lock braking system is not functioning
c. A vehicle's airbags are missing
d. A vehicle's air conditioning system requires repair
e. All of the above - ✔✔e. All of the above
see 5.06 12. - 15.
✔✔Ch.5 - Disclosure must be provided in a timely manner, in writing, and be presented
in a way that is:
a. Easy, precise and fair
b. Clear, comprehensible and prominent
c. Apparent, logical and friendly - ✔✔b. Clear, comprehensible and prominent
see 5.09
, ✔✔Ch.5 - Give two examples of steps dealers can take to ensure they know the history
of vehicles they buy or accept in trade. - ✔✔Any two of:
- Use a vehicle history report
- Understand the strengths and weaknesses of the various vehicle history reports
- Thoroughly examine the vehicles
see 5.07
✔✔Ch.6 - True of False: The MVDA remedy of rescission (cancellation of a sales
contract) is available only to a customer who is a "consumer." - ✔✔False
see 6.05
✔✔Ch.6 - Dealers are required to disclose all the information set out below (a - f);
however, rescission is only granted automatically for failing to disclose three of them.
Which are they?
a. The make, model and model year of the vehicle
b. The vehicle is missing things
c. The vehicle was previously a taxi or limo
d. The vehicle's manufacturer's warranty has been cancelled
e. The vehicle has been branded
f. The vehicle was involved in a collision - ✔✔a. The make, model and model year of the
vehicle
c. The vehicle was previously a taxi or limo
e. The vehicle has been branded
see 6.05
✔✔Ch.6 - There are three other disclosure requirements that, if not met, trigger a
customer's rescission rights. What are they? - ✔✔Rescission is triggered if the following
is not disclosed:
- Previous use as police/emergency services vehicle
- Previous use as daily rental (unless subsequently owned by someone other than a
dealer)
- Mileage/distance travelled
see 6.05
✔✔Ch.6 - True of False: The remedy of rescission is available to a customer who is
also a dealer. - ✔✔False
see 6.04
