Ch.1 - Which body or agency enforces the MVDA?
A. Ministry of Government and Consumer Services
B. TADA
C. OMVIC
D. Automotive Business School of Canada
ANSWER
C. OMVIC
See 1.04
Ch.1 - What is the primary legislation governing Ontario's retail automotive sector?
ANSWER
The Motor Vehicle Dealers Act, 2002
See 1.04
Ch.1 - List three functions carried out by OMVIC.
ANSWER
Any three of the following:
- Administers and enforces the MVDA
- Inspects dealers
- Maintains a complaint line for consumers
- Conducts investigations
1
,- Conducts disciplinary hearings
-Conducts prosecutions
- Administers the Compensation Fund
See 1.07
Ch.1 - Briefly explain the "Transaction Fee Program."
ANSWER
Under the transaction fee program, dealers are required to remit $10 for each vehicle sold
or leased (including fleet and "as is" transactions) to OMVIC. These funds are remitted annu-
ally with the dealer's registration renewal fee.
See 1.08
Ch.1 - How many people compose OMVIC's Board of Directors? Of these, how many repre-
sent the industry and how many represent the consumers?
ANSWER
Twelve total, nine dealers and three consumer reps
See 1.07
Ch.1 - True or False: The transaction fee can be passed along to the customer.
ANSWER
True
See 1.08
Ch.1 - True of False: Under the Transaction Fee Program, dealers are required to remit $10
(to OMVIC) for each retail vehicle sold or leased.
2
,ANSWER
True
See 1.08
Ch.1 - What information is OMVIC required to make available to the public?
A. A dealer's business name, address and phone number
B. A Salesperson's name
C. Any proposal to refuse to renew, suspend or revoke the registration of a dealer or a sales-
person
D. All of the above
ANSWER
D. All of the above
See 1.12
Ch.1 - Should OMVIC determine a dealer's advertising to be false or misleading, what pow-
ers does OMVIC have to stop or correct it?
ANSWER
OMVIC may issue an order requiring the dealer to cease publication and/or issue a retrac-
tions or correction.
See 1.12
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?
ANSWER
Up to two years
3
, 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.
ANSWER
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?
ANSWER
18
See 2.05
Ch.2 - List three requirements that must be met when applying to become a salesperson.
ANSWER
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
4
A. Ministry of Government and Consumer Services
B. TADA
C. OMVIC
D. Automotive Business School of Canada
ANSWER
C. OMVIC
See 1.04
Ch.1 - What is the primary legislation governing Ontario's retail automotive sector?
ANSWER
The Motor Vehicle Dealers Act, 2002
See 1.04
Ch.1 - List three functions carried out by OMVIC.
ANSWER
Any three of the following:
- Administers and enforces the MVDA
- Inspects dealers
- Maintains a complaint line for consumers
- Conducts investigations
1
,- Conducts disciplinary hearings
-Conducts prosecutions
- Administers the Compensation Fund
See 1.07
Ch.1 - Briefly explain the "Transaction Fee Program."
ANSWER
Under the transaction fee program, dealers are required to remit $10 for each vehicle sold
or leased (including fleet and "as is" transactions) to OMVIC. These funds are remitted annu-
ally with the dealer's registration renewal fee.
See 1.08
Ch.1 - How many people compose OMVIC's Board of Directors? Of these, how many repre-
sent the industry and how many represent the consumers?
ANSWER
Twelve total, nine dealers and three consumer reps
See 1.07
Ch.1 - True or False: The transaction fee can be passed along to the customer.
ANSWER
True
See 1.08
Ch.1 - True of False: Under the Transaction Fee Program, dealers are required to remit $10
(to OMVIC) for each retail vehicle sold or leased.
2
,ANSWER
True
See 1.08
Ch.1 - What information is OMVIC required to make available to the public?
A. A dealer's business name, address and phone number
B. A Salesperson's name
C. Any proposal to refuse to renew, suspend or revoke the registration of a dealer or a sales-
person
D. All of the above
ANSWER
D. All of the above
See 1.12
Ch.1 - Should OMVIC determine a dealer's advertising to be false or misleading, what pow-
ers does OMVIC have to stop or correct it?
ANSWER
OMVIC may issue an order requiring the dealer to cease publication and/or issue a retrac-
tions or correction.
See 1.12
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?
ANSWER
Up to two years
3
, 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.
ANSWER
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?
ANSWER
18
See 2.05
Ch.2 - List three requirements that must be met when applying to become a salesperson.
ANSWER
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
4
