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Omvic 2026 Questions And Answers Sure A.pdf

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OMVIC 2026 QUESTIONS AND ANSWERS SURE A+
✔✔Ch.8 - If a dealer's advertisement contains a price for a vehicle, that price must
include:

a. Administration fees
b. Taxes (unless ad states in a clear, comprehensible and prominent manner that taxes
are not included)
c. Freight and PDI
d. "Other" mandatory fees such as documentation fees, window-etching fees, SSC fees,
etc.
e. All of the above - ✔✔e. All of the above

see 8.06

✔✔Ch.8 - True or False: If an advertisement is for a vehicle that was previously used as
a police vehicle, that information must be prominently displayed in the ad. - ✔✔True

see 8.05 or 8.12

✔✔Ch.8 - True or False: If an advertisement is for a vehicle of the current model year,
but the vehicle is used, the ad must clearly state the vehicle is used. - ✔✔True

see 8.05 or 8.12

,✔✔Ch.8 - If OMVIC believes a dealer's advertisement to be false, misleading or
deceptive, it can:

a. Take the dealer to the LAT
b. Sue the dealer for misrepresentation
c. Order the dealer to issue a retraction or correction - ✔✔c. Order the dealer to issue a
retraction or correction

see 8.03 or 8.14

✔✔Ch.8 - Dealers found in breach of the advertising regulations may have to have their
ads pre-approved by OMVIC for a period of up to:

a. Six months
b. One year
c. 18 months
d. Two years - ✔✔d. Two years

see 8.03 or 8.14

✔✔Ch.9 - Extended warranties must be backed or guaranteed financially to ensure their
viability. List two methods by which this backing can be provided. - ✔✔Warranties can
be backed by:
- An insurance company licenced under the Insurance Act
- An irrevocable letter of credit to the Compensation Fund

see 9.03 or 9.04 1.

✔✔Ch.9 - If a dealer wishes to offer their own uninsured extended warranty, they must
provide to the Compensation Fund an irrevocable letter of credit in the amount of:

a. $100,000
b. $250,000
c. $500,000
d. $1,000,000 - ✔✔a. $100,000

see 9.04 1.b) i)

✔✔Ch.9 - Provide three pieces of information related to the coverage offered by the
warranty that must be included in the warranty contract. - ✔✔Any three from 9.04 4 (k -
r).

✔✔Ch.9 - Dealers must sent all payments and documents detailing the contract to the
warranty company within:

, a. Two days
b. Seven days
c. Two weeks
d. 30 days - ✔✔b. Seven days

see 9.04 7 . b) iii)

✔✔Ch.9 - True or False: Service plans must be backed by an insurance company. -
✔✔False

see 9.05 1.f)

✔✔Ch.9 - Contract for service plans must disclose in a clear, comprehensible and
prominent manner:

a. The goods and services provided under the plan and a specific description for each
item listed
b. All restrictions, limitations and conditions
c. The locations at which the vehicle can be serviced
d. Information stating whether or not the service plan is transferable
e. All of the above - ✔✔e. All of the above

see 9.05

✔✔Ch.10 - OMVIC inspectors must give how much notice before visiting/inspecting a
dealer:

a. 24 hours' notice
b. 48 hours' notice
c. Seven days' notice
d. None - ✔✔d. None

see 10.04

✔✔Ch.10 - True or False: An OMVIC inspector has the right to access dealer records,
but not the vehicles on the dealer's lot. - ✔✔False

see 10.04

✔✔Ch.10 - True or False: If an OMVIC inspector asks for assistance from the dealer,
there is no legal obligation for the dealer to help. - ✔✔False

see 10.04

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