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Omvic real practice exam Study guides, Class notes & Summaries

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OMVIC REAL PRACTICE EXAM LATEST 2023-2024 VERSION WITH 100 QUESTION ANS VERIFIED CORRECT ANSWERS/GRADED A+

  • OMVIC REAL PRACTICE EXAM LATEST 2023-2024 VERSION WITH 100 QUESTION ANS VERIFIED CORRECT ANSWERS/GRADED A+

  • Exam (elaborations) • 12 pages • 2023
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    • What is the primary legislation governing Ontario's retail automotive sector? - ANSWER--MVDA Which body or agency enforces MVDA? - ANSWER--OMVIC How many people compose OMVIC's board of directors? - ANSWER-12 in total, 9 dealers and 3 consumer reps 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. ...
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