Exam Question and Answer (2026/2027) |
Grade A+
• What are three things OMVIC does? -✓✓ Registers dealers/sellers, inspects dealers,
investigates consumer complaints
• Explain the transaction fee program -✓✓ Dealers must give $12.50 to OMVIC for every
vehicle they sell or lease
• True or false: the transaction fee can be charged to the customer -✓✓ True
• What information must OMVIC make available to the public -✓✓ A dealers business
name, address and phone number - A salespersons name - that a dealers or
salespersons registration has been revoked
• If OMVIC finds that a dealers advertising is false or misleading, what can they do to
stop or fix it? -✓✓ Remove ad from circulation and pre-approve a revision
• If a dealer gets a false advertising order, how long can OMVIC require them to get pre-
approval for their ads? -✓✓ Up to 2 years
• What are two possible situations that could cause OMVIC to ask the court to appoint a
"receiver and manager" to assume control of a dealership? -✓✓ If the dealership is
going out of business, if the dealer is losing their registration
• What is the minimum age required to be a dealer? -✓✓ 18
• List three requirements to be a salesperson -✓✓ Pay fee, complete automotive
certification course, get employed as a salesperson
• True or false: All dealers and salespeople go through a canada wide criminal record
search as part of the registration application process -✓✓ True
• True or false: Dealers, Salespeople, Business managers and Finance managers must
all be registered with OMVIC -✓✓ True
• List two reasons OMVIC might refuse a dealer or salespersons registration -✓✓
Criminal record, Bad finances
, • If someone's registration has been refused, how long until they can reapply? -✓✓ 2
years
• If OMVIC issues a proposal to refuse or revoke someone's registration, who can the
person appeal to? -✓✓ LAT (License Appeal Tribunal)
• List four classes of dealers -✓✓ General Used, General New, Exporter, Wholesaler
• List three examples of people or businesses that are exempt from registration with
OMVIC -✓✓ Rental Companies, Auctions, Lawyers
• Name one change of information that dealers must notify OMVIC about -✓✓ Address
• Who should the dealer make responsible for ensuring all salespeople are registered? -
✓✓ The sales manager
• OMVIC can refuse, rovoke or suspend registration of a dealer, salesperson or
corporation if the financial responsibility or past actions of an "interested person" gives
them reason to. Who does OMVIC consider an "interested person?" -✓✓ Someone who
may benefit, gain control or have financial gain
• Where must the dealer keep their certificate of registration? -✓✓ Posted on a wall in
the dealership where everyone can see it
• True or false: A salesperson must show their registration certificate to a customer if the
customer asks to see it -✓✓ True
• True or false: dealers can sell vehicles from any location, as long as they've registered
a head office with OMVIC -✓✓ False
• List two requirements for a dealership -✓✓ Sign, Office
• The MVDA tells dealers what records they must keep. Is it true that dealers must keep
these records for at least 6 years? -✓✓ Yes, true
• The Highway Traffic Act requires dealers to keep a complete record of every vehicle
they sell. What is this record called? -✓✓ Garage register
• List four pieces of information dealers have to keep about vehicles they sell or lease -
✓✓ VIN, Safety, Consignment Contract, Work done on vehicle
• True or false: if a dealers records are destroyed or stolen, the dealer must tell OMVIC
in writing within 5 days of occurrence. -✓✓ True