OMVIC

This document contains verified OMVIC exam questions and answers designed to help learners prepare effectively for the Ontario Motor Vehicle Industry Council certification test. It covers key topics such as legislation, compliance, consumer protection, dealer obligations, disclosures, and sales practices. The material is structured to support exam readiness and aligns with the competencies tested in the official OMVIC certification assessment.

This document provides a comprehensive review of OMVIC (Ontario Motor Vehicle Industry Council) Chapter 2, featuring well-elaborated questions and verified answers that have been graded A+. It covers key topics related to dealer and salesperson registration requirements, classes of dealers, exemptions, compliance obligations, and the regulatory framework under the Motor Vehicle Dealers Act (MVDA). Essential for aspiring or current automotive professionals in Ontario, this resource helps prepare ...

OMVIC Test EXAM|| ACTUAL EXAM WITH 200+ QUESTIONS AND 100% CORRECT ANSWERS|| LATEST VERSION WITH VERIFIED SOLUTIONS ALREADY GRADED A+|| BRAND NEW!!! Which of the following is a change in information that a dealer must notify OMVIC about? a. selling a car b. changing dealers name c. customer leaving the dealership, including date and reason d. any event that destroys dealer records or makes them unavailable D. any event that destroys dealer records or makes them unavailable One of the fo...

List three examples of individuals or businesses that are exempt from registration. - ANSWER 1) Wholesale auction 2) Wrecker 3) Person selling a vehicle used for family or for a sole proprietorship business Name one "change of information" that a dealer must report to OMVIC. - ANSWER 1) Change of dealers address 2) Changes of officers or directors (if dealer is a corporation or partnership0 3) The date of commencement of employment of every salesperson 4) The termination of employm...

OMVIC NEW EXAM QUESTIONS AND CORRECT ANSWERS 100% VERIFIED What is the "transaction fee program"? - ANSWER under the transaction fee program, dealers are required to remit $10 for each vehicle sold or leased to OMVIC. These funds are remitted annually with the dealers registration renewal fee. What is the main statute that regulates the retail auto industry in Ontario? - ANSWER MVDA Name the organization / agency responsible for administering MVDA. - ANSWER OMVIC How many members a...

NEW OMVIC Greasy Dealer Chapters 1-18 Questions And 100% Correct Answers (A+) Capter 1 What is the main legislation that regulates Ontario's retail automotive industry - ANSWER The Motor Vehicle Dealers Act, 2002 Which organization or agency administers the MVDA? a) Ministry of Consumer Services b) OADA/TADA c) OMVIC d) Automotive Business School of Canada - ANSWER OMVIC Name three roles exercised by OMVIC - ANSWER • Administers and enforces the MVDA • Inspects dealers • Mai...

OMVIC Test Questions And Correct Answers (A+) Latest Update What organization administers the MVDA? a. Ministry of Public and Business Service Delivery b. MVRO c. OMVIC d. Automotive Business School of Canada c. OMVIC What is the primary legislation governing the retail automotive industry in Ontario? a. The Motor Vehicle Dealers Act (MVDA) b. The Motor Vehicle Act (MVA) c. The Dealers Act for Regulation of Motor Vehicles (RVM) d. Ontario's Motor Vehicle Act (OMVA) The Motor Vehi...

OMVIC Automative Test (Chapter 1-18) & OMVIC ALL Q&A Combined Exam 100% Verified Newest everything you need for OMVIC is Here 100% pass Guaranteed Ch.1 - What is the legislation that primarily governs Ontario's retail automotive industry? - ANSWER The Motor Vehicle Dealers Act, 2002 see 1.04 Ch.1 - Which is the body or agency that administers 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...

OMVIC FINAL EXAM AND TEST EXAM 2025 COMPLETE ACTUAL EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS | ALREADY GRADED A+ | GUARANTEED PASS Which body or agency enforces the MVDA? a) Ministry of Consumer Services b) OADA/TADA c) OMVIC d) Automotive Business School of Canada - Correct Answer > OMVIC How many people compose OMVIC's Board of Directors? Of these, how many represent the industry and how many represent consumers? - Correct Answer > Twelve total, nine dealers and thre...

OMVIC FINAL EXAM LATEST COMPLETE ACTUAL EXAM REAL QUESTIONS AND CORRECT DETAILED ANSWERS (CORRECT VERIFIED ANSWERS) LATEST UPDATED VERSION