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OMVIC EVALUATION EXAM 2026.pdf 1. Document information

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OMVIC EVALUATION EXAM 1. Document information

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OMVIC EVALUATION EXAM 2026/2027 QUESTIONS
AND SOLUTIONS RATED A+
✔✔Ch.1 - If an order is used to stop or correct false advertising, for how long may the
dealer need to seek OMVIC's pre-approval for future advertising? - ✔✔Up to two years

see 1.09

✔✔Ch.1 - List two possible situations which could result in OMVIC applying to a court to
appoint a receiver and manager to assume temporary control of a dealership. - ✔✔This
action might be taken:
- If there has been an investigation
- If the dealership is about to fail
- If OMVIC is proposing to revoke a registration
- If a freeze order is about to be made

see 1.10

✔✔Ch.2 - What is the minimum age requirement to become a dealer? - ✔✔18

see 2.05

✔✔Ch.2 - List three requirements that must be met when applying to become a
salesperson. - ✔✔Three requirements are:
- Complete/pass certification course
- Pay fee
- Be employed or retained by a registered dealer to act as a salesperson

see 2.07

✔✔Ch.2 - True or False: All dealer and salesperson applicants undergo a Canada-wise
criminal record search as part of the application screening process. - ✔✔True

see 2.03

✔✔Ch.2 - Which of the following must be registered with OMVIC (select all that apply):

a. Dealers
b. Salespersons
c. Business managers
d. Finance managers
e. Service managers - ✔✔a. Dealers
b. Salespersons
c. Business managers
d. Finance managers

,see 2.04

✔✔Ch.2 - List two reasons why OMVIC might refuse the registration of a dealer or
salesperson. - ✔✔Any two of:
- Past conduct
- False statement on application
- Failed to comply with terms
- Cannot be expected to be financially responsible
- The Compensation Fund has paid out a claim and has not been reimbursed

see 2.05 and .10

✔✔Ch.2 - If a person has been refused registration, what is one condition that has to be
met before the person can reapply? - ✔✔One of the following:
- Two years have passed
- New evidence to demonstrate circumstances have changed

see 2.13

✔✔Ch.2 - Should OMVIC issue a proposal to refuse (or revoke) registration, to whom
can the applicant appeal? - ✔✔License Appeal Tribunal (LAT)

see 2.12

✔✔Ch.2 - List four "classes" of dealers. - ✔✔Any four classes listed in 2.16

- General dealer, consisting of the following subclasses
++ New and used motor vehicles
++ Used motor vehicles
- Broker
- Wholesaler
- Exporter
- Outside Ontario dealer
- Lease finance dealer
- Fleet lessor, O. Reg. 333/08, s. 18(1), O. Reg 377/09, s 2.

see 2.16

✔✔Ch.2 - List three examples of individuals or business that are exempt from
registration. - ✔✔Any three from 2.14

1. Wholesale auction
2. Wrecker
3. Person selling a vehicle used for family or for a sole proprietorship business.

, 4. Selling a power-assisted bicycle equipped with both a pedal and auxiliary motor.
5. Registered charity
6. Heavy truck dealer
7. Bus or commercial vehicle dealer
8. Person selling under a court order as a liquidator, a receiver, a trustee in bankruptcy
or the executor (trustee) of an estate.
9. Lawyer
10. Car rental agency
11. Not-for-profit corporation that provides information to persons to assist with trade
12. Company acquiring vehicles for business use
13. Creditors and their agents
14. Insurance company
15. Manufacturer or authorized distributor

see 2.14

✔✔Ch.2 - Name on "change of information" that a dealer must notify OMVIC about. -
✔✔Any of the following:
- Change of dealer address
- Changes of officers or directors (if dealer is a corporation or partnership)
- The date of commencement of employment of every salesperson
- The termination of employment of a salesperson and the date and reason for
termination

see 2.19

✔✔Ch.2 - Please choose the most correct answer:

In a large dealership, if the dealer principal delegates responsibility for ensuring that
salespersons are registered, this should be delegated to:

a. The bookkeeper
b. Thesalesperson
c. The sales manager
d. The payroll supervisor - ✔✔c. The sales manager

see 2.08

✔✔Ch.2 - OMVIC can refuse, revoke or suspend registration to a dealer, salesperson or
corporation if the financial responsibility or past conduct of an "interested person in
respect of the applicant/registrant" gives reasonable grounds for it. Who might OMVIC
consider an "interested person"? - ✔✔An interested person:
- Has or may have a beneficial interest in the business
- Exercises or may exercise control either directly or indirectly over the
dealer/salesperson

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