OMVIC Automative Test (Chapter 1-18)
Exam Questions & Answers (Grade
A+)
What is the primary legislation governing Ontario's retail
automotive sector? (C1) -
correct answer ✅MVDA
Which body or agency enforces MVDA? (C1)
a) Ministry of Government and Consumer Services
b) TADA
c) OMVIC
d) Automotive Business School of Canada -
correct answer ✅c) OMVIC
List three functions carried out by OMVIC (C1). -
correct answer ✅- Administers and enforces the MVDA
- Inspects dealers
- Maintains a complaint line for consumers
- Conducts investigations
- Conducts disciplinary hearings
- Conducts prosecutions
- Administers the compensation fund
,OMVIC Automative Test (Chapter 1-18)
Exam Questions & Answers (Grade
A+)
How many people compose OMVIC's board of directors? Of these,
how many represent the industry and how many represent
consumers? (C1) -
correct answer ✅12 in total, 9 dealers and 3 consumer reps
Briefly explain the "Transaction Fee Program" (C1). -
correct 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
annually with the dealers registration renewal fee.
True or False: Under the Transaction Fee Program, the dealers are
required to remit $10 (to OMVIC) for each retail vehicle sold or
leased. (C1) -
correct answer ✅True
T or F: the fee can be passed on to the consumer (C1) -
correct answer ✅True
What is OMVIC required to make available to the public? (C1)
,OMVIC Automative Test (Chapter 1-18)
Exam Questions & Answers (Grade
A+)
a) A dealers name, address and phone number
b) a salespersons name
c) any proposal to refuse to renew, suspend or revoke the
registration of a dealer or salesperson
d) all of the above -
correct answer ✅d) all of the above
Should OMVIC determine a dealers advertising to be false or
misleading what powers do they have to stop or correct it? (C1) -
correct answer ✅OMVIC may issue an order requiring the dealer
to cease publication and/or issue a retraction or correction.
If an order is used to stop or correct false advertising, for how long
may the dealer need to seek OMVIC pre approval for future
advertising? (C1) -
correct answer ✅Up to two years
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. (C1) -
correct answer ✅This action might be taken:
, OMVIC Automative Test (Chapter 1-18)
Exam Questions & Answers (Grade
A+)
- If there has been an investigation
- If the dealership is about to fall
- If OMVIC is proposing to revoke a registration
- If a freeze order is about to be made
What is the minimum age requirement to become a dealer? (C2) -
correct answer ✅18
List three requirements that must be met when applying to become
a salesperson.(C2) -
correct answer ✅- Complete/pass certification course
- Pay fee
- Be employed or retained by a registered dealer to act as a
salesperson.
True or False: All dealer and salesperson applicants undergo a
Canada-wide criminal record search as part of the application
screening process. (C2) -
correct answer ✅True
Exam Questions & Answers (Grade
A+)
What is the primary legislation governing Ontario's retail
automotive sector? (C1) -
correct answer ✅MVDA
Which body or agency enforces MVDA? (C1)
a) Ministry of Government and Consumer Services
b) TADA
c) OMVIC
d) Automotive Business School of Canada -
correct answer ✅c) OMVIC
List three functions carried out by OMVIC (C1). -
correct answer ✅- Administers and enforces the MVDA
- Inspects dealers
- Maintains a complaint line for consumers
- Conducts investigations
- Conducts disciplinary hearings
- Conducts prosecutions
- Administers the compensation fund
,OMVIC Automative Test (Chapter 1-18)
Exam Questions & Answers (Grade
A+)
How many people compose OMVIC's board of directors? Of these,
how many represent the industry and how many represent
consumers? (C1) -
correct answer ✅12 in total, 9 dealers and 3 consumer reps
Briefly explain the "Transaction Fee Program" (C1). -
correct 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
annually with the dealers registration renewal fee.
True or False: Under the Transaction Fee Program, the dealers are
required to remit $10 (to OMVIC) for each retail vehicle sold or
leased. (C1) -
correct answer ✅True
T or F: the fee can be passed on to the consumer (C1) -
correct answer ✅True
What is OMVIC required to make available to the public? (C1)
,OMVIC Automative Test (Chapter 1-18)
Exam Questions & Answers (Grade
A+)
a) A dealers name, address and phone number
b) a salespersons name
c) any proposal to refuse to renew, suspend or revoke the
registration of a dealer or salesperson
d) all of the above -
correct answer ✅d) all of the above
Should OMVIC determine a dealers advertising to be false or
misleading what powers do they have to stop or correct it? (C1) -
correct answer ✅OMVIC may issue an order requiring the dealer
to cease publication and/or issue a retraction or correction.
If an order is used to stop or correct false advertising, for how long
may the dealer need to seek OMVIC pre approval for future
advertising? (C1) -
correct answer ✅Up to two years
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. (C1) -
correct answer ✅This action might be taken:
, OMVIC Automative Test (Chapter 1-18)
Exam Questions & Answers (Grade
A+)
- If there has been an investigation
- If the dealership is about to fall
- If OMVIC is proposing to revoke a registration
- If a freeze order is about to be made
What is the minimum age requirement to become a dealer? (C2) -
correct answer ✅18
List three requirements that must be met when applying to become
a salesperson.(C2) -
correct answer ✅- Complete/pass certification course
- Pay fee
- Be employed or retained by a registered dealer to act as a
salesperson.
True or False: All dealer and salesperson applicants undergo a
Canada-wide criminal record search as part of the application
screening process. (C2) -
correct answer ✅True
