1|Page
OMVIC EXAM AND PRACTICE EXAM NEWEST 2026 TEST
BANK| OMVIC CERTIFICATION EXAM PREP WITH
COMPLETE 450 REAL EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS/ ALREADY GRADED A+ (MOST
RECENT!!)
What is the main law that regulates Ontario's retail automotive
industry?
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 Vehicle Dealers Act (MVDA)
What agency enforces the MVDA?
a. Ministry of Public and Business Service Delivery
b. MVRO
c. OMVIC
d. Automotive Business School of Canada
c. OMVIC
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Which of the followings explains the Transaction Fee Program:
a. Under the transaction fee program, OMVIC pays dealers $10 for each
vehicle they sell or lease (including fleet and as-is transactions). Dealers
give the fees to OMVIC once a year when they renew their registration.
b. Under the transaction fee program, dealers pay OMVIC pay $10 for
each vehicle they sell or lease (including fleet and as-is transactions).
Dealers give the fees to OMVIC once a year when they renew their
registration.
c. Under the transaction fee program, customers pay OMVIC pay $10 for
each vehicle they sell or lease (including fleet and as-is transactions).
Dealers give the fees to OMVIC once a year when they renew their
registration.
d. Under the transaction fee program, dealers loan OMVIC $10 for each
vehicle they sell or lease (including fleet and as-is transactions). Dealers
give the fees to OMVIC once a month when they renew their r
Under the transaction fee program, dealers pay OMVIC $10 for each
vehicle they sell or lease (including fleet and as-is transactions). Dealers
give the fees to OMVIC once a year when they renew their registration.
True or False: Under the Transcription Fee Program, dealers must give
$10 to OMVIC for each vehicle they see or lease.
True
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True or False: The transaction fee can be charged to the customer
True
Which of the following information must OMVIC make available to the
public?
a. A dealer's business name, address and phone number
b. A salesperson's name
c. That a dealer's or salesperson's registration has been or may be
refused, revoked or suspended
d. All of the above
D. All of the above
If OMVIC believes a dealer's advertisement to be false or misleading,
what can they do to stop or fix it?
a. OMVIC can make the dealer pay a fine
b. OMVIC cannot do anything
c. OMVIC can issue an advertising order that may require the dealer to
both stop the advertisement immediately and retract the information
or publish a correction
, 4|Page
d. OMVIC can issue an order to the company to take down the ad, but it
is up to the company whether they wish to comply. No further action
can be taken beyond this.
OMVIC can issue an advertising order that may require the dealer to
both stop the advertisement immediately and retract the information
or publish a correction
If a dealer gets a false advertising order, how long can OMVIC require
them to get pre-approval for their ads?
a. One year
b. Three months
c. Up to two years
d. Five years
Up to two years
Which of the possible situations could cause OMVIC to apply to the
court to appoint a "receiver and manager" to assume control of a
dealership.
a. the dealership is about to go out of business
b. OMVIC is proposing revoking the dealer's registration
c. OMVIC is about to make a freeze order
d. None of the above
OMVIC EXAM AND PRACTICE EXAM NEWEST 2026 TEST
BANK| OMVIC CERTIFICATION EXAM PREP WITH
COMPLETE 450 REAL EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS/ ALREADY GRADED A+ (MOST
RECENT!!)
What is the main law that regulates Ontario's retail automotive
industry?
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 Vehicle Dealers Act (MVDA)
What agency enforces the MVDA?
a. Ministry of Public and Business Service Delivery
b. MVRO
c. OMVIC
d. Automotive Business School of Canada
c. OMVIC
,2|Page
Which of the followings explains the Transaction Fee Program:
a. Under the transaction fee program, OMVIC pays dealers $10 for each
vehicle they sell or lease (including fleet and as-is transactions). Dealers
give the fees to OMVIC once a year when they renew their registration.
b. Under the transaction fee program, dealers pay OMVIC pay $10 for
each vehicle they sell or lease (including fleet and as-is transactions).
Dealers give the fees to OMVIC once a year when they renew their
registration.
c. Under the transaction fee program, customers pay OMVIC pay $10 for
each vehicle they sell or lease (including fleet and as-is transactions).
Dealers give the fees to OMVIC once a year when they renew their
registration.
d. Under the transaction fee program, dealers loan OMVIC $10 for each
vehicle they sell or lease (including fleet and as-is transactions). Dealers
give the fees to OMVIC once a month when they renew their r
Under the transaction fee program, dealers pay OMVIC $10 for each
vehicle they sell or lease (including fleet and as-is transactions). Dealers
give the fees to OMVIC once a year when they renew their registration.
True or False: Under the Transcription Fee Program, dealers must give
$10 to OMVIC for each vehicle they see or lease.
True
,3|Page
True or False: The transaction fee can be charged to the customer
True
Which of the following information must OMVIC make available to the
public?
a. A dealer's business name, address and phone number
b. A salesperson's name
c. That a dealer's or salesperson's registration has been or may be
refused, revoked or suspended
d. All of the above
D. All of the above
If OMVIC believes a dealer's advertisement to be false or misleading,
what can they do to stop or fix it?
a. OMVIC can make the dealer pay a fine
b. OMVIC cannot do anything
c. OMVIC can issue an advertising order that may require the dealer to
both stop the advertisement immediately and retract the information
or publish a correction
, 4|Page
d. OMVIC can issue an order to the company to take down the ad, but it
is up to the company whether they wish to comply. No further action
can be taken beyond this.
OMVIC can issue an advertising order that may require the dealer to
both stop the advertisement immediately and retract the information
or publish a correction
If a dealer gets a false advertising order, how long can OMVIC require
them to get pre-approval for their ads?
a. One year
b. Three months
c. Up to two years
d. Five years
Up to two years
Which of the possible situations could cause OMVIC to apply to the
court to appoint a "receiver and manager" to assume control of a
dealership.
a. the dealership is about to go out of business
b. OMVIC is proposing revoking the dealer's registration
c. OMVIC is about to make a freeze order
d. None of the above
