Which agency enforces the MVDA
ANSWER
OMVIC
What is the main law that regulates Ontario's retail automation industry?
ANSWER
MVDA
What are three things OMVIC does?
ANSWER
Registers dealers/sellers, inspects dealers, investigates consumer complaints
Explain the transaction fee program
ANSWER
Dealers must give $12.50 to OMVIC for every vehicle they sell or lease
True or false: the transaction fee can be charged to the customer
ANSWER
True
What information must OMVIC make available to the public
ANSWER
A dealers business name, address and phone number - A salespersons name - that a dealers
or salespersons registration has been revoked
1
, If OMVIC finds that a dealers advertising is false or misleading, what can they do to stop or
fix it?
ANSWER
Remove ad from circulation and pre-approve a revision
If a dealer gets a false advertising order, how long can OMVIC require them to get pre-ap-
proval for their ads?
ANSWER
Up to 2 years
What are two possible situations that could cause OMVIC to ask the court to appoint a "re-
ceiver and manager" to assume control of a dealership?
ANSWER
If the dealership is going out of business, if the dealer is losing their registration
What is the minimum age required to be a dealer?
ANSWER
18
List three requirements to be a salesperson
ANSWER
Pay fee, complete automotive certification course, get employed as a salesperson
True or false: All dealers and salespeople go through a canada wide criminal record search as
part of the registration application process
ANSWER
True
2
ANSWER
OMVIC
What is the main law that regulates Ontario's retail automation industry?
ANSWER
MVDA
What are three things OMVIC does?
ANSWER
Registers dealers/sellers, inspects dealers, investigates consumer complaints
Explain the transaction fee program
ANSWER
Dealers must give $12.50 to OMVIC for every vehicle they sell or lease
True or false: the transaction fee can be charged to the customer
ANSWER
True
What information must OMVIC make available to the public
ANSWER
A dealers business name, address and phone number - A salespersons name - that a dealers
or salespersons registration has been revoked
1
, If OMVIC finds that a dealers advertising is false or misleading, what can they do to stop or
fix it?
ANSWER
Remove ad from circulation and pre-approve a revision
If a dealer gets a false advertising order, how long can OMVIC require them to get pre-ap-
proval for their ads?
ANSWER
Up to 2 years
What are two possible situations that could cause OMVIC to ask the court to appoint a "re-
ceiver and manager" to assume control of a dealership?
ANSWER
If the dealership is going out of business, if the dealer is losing their registration
What is the minimum age required to be a dealer?
ANSWER
18
List three requirements to be a salesperson
ANSWER
Pay fee, complete automotive certification course, get employed as a salesperson
True or false: All dealers and salespeople go through a canada wide criminal record search as
part of the registration application process
ANSWER
True
2
