OMVIC Chapter 2
What is the minimum age to become a dealer? - -18 -Three requirements that must be met when applying to become a salesperson: - -- complete and pass course
- pay fee
-be employed by a dealer -True or False: All dealer and salesperson applicants undergo a canadian-
wide criminal record search as part of the application screening process. - -
true -Dealers, Salespersons, Business Managers & Finance Managers - -Must be registered with OMVIC -OMVIC might refuse registration of a dealer or salesperson if: - -- there is a false statement on application
- cannot be financially responsible -If you are refused from the OMVIC registration, how long until you can reapply? - -2 years with new evidence to prove change -If OMVIC issues a proposal to refuse or revoke a registration, whom can the applicant appeal? - -Licence Appeal Tribunal -Four Classes of Dealers - -General Dealer, Broker, Wholesaler, and Exporter -Three examples of people who are exempt from OMVIC registration: - -
Wrecker, -
What is the minimum age to become a dealer? - -18 -Three requirements that must be met when applying to become a salesperson: - -- complete and pass course
- pay fee
-be employed by a dealer -True or False: All dealer and salesperson applicants undergo a canadian-
wide criminal record search as part of the application screening process. - -
true -Dealers, Salespersons, Business Managers & Finance Managers - -Must be registered with OMVIC -OMVIC might refuse registration of a dealer or salesperson if: - -- there is a false statement on application
- cannot be financially responsible -If you are refused from the OMVIC registration, how long until you can reapply? - -2 years with new evidence to prove change -If OMVIC issues a proposal to refuse or revoke a registration, whom can the applicant appeal? - -Licence Appeal Tribunal -Four Classes of Dealers - -General Dealer, Broker, Wholesaler, and Exporter -Three examples of people who are exempt from OMVIC registration: - -
Wrecker, -
