OMVIC ALL EXAM SCRIPT 2026/2027 QUESTIONS AND
SOLUTIONS RATED A+
✔✔If a statement Standards Certificate is issues for a vehicle, it means? - ✔✔The
vehicle met certain basic standards of safety on the date of inspection
✔✔An "as is" sale? - ✔✔Must include a specific definition of "as is" in the contract
✔✔T or F: a dealer selling a vehicle "as is" may also provide a Safety Standards
Certificate for the vehicle - ✔✔False
✔✔Contracts must have advisory or educational statements designed to inform
purchasers/lessees about their rights and responsibilities and to ensure they know
about the existence of certain agencies or organizations. Name them. - ✔✔OMVIC,
Motor Vehicle Dealer Compensation Fund, CAMVAP
✔✔If a customer gives a deposit but don't sign a contract, what rights do they have? -
✔✔If there is no signed contract and a deposit or trade in is given to the dealer, the
purchaser can cancel the contract at any time and demand his or her deposit or trade in
back.
✔✔List the "previous uses of a vehicle" a dealer must disclose - ✔✔taxi, limo, police
vehicle, emergency services, daily rental (unless subsequently owned by someone
other than a dealer)
✔✔List the types of incident damage that must be disclosed - ✔✔collision (greater than
$3000 in damage), fire, floor, and structural damage or alterations
✔✔In regards to replacement, what must be disclosed? - ✔✔The replacement of 2 or
more adjacent body panels (excluding bumper covers)
✔✔Dealers must disclose known damage repairs in excess of? - ✔✔$3 000
✔✔T or F: A dealer does not have to inform a purchaser that a vehicle's manufacturer's
warranty has been cancelled, so long as the dealer offers or sells the purchaser an
extended warranty - ✔✔False
✔✔List some conditions that must be disclosed about a vehicle - ✔✔A vehicle was
previously registered in another province, state or country; a vehicle's anti-lock braking
system is not functioning; a vehicle's airbags are missing; a vehicle's air conditioning
system requires repair
✔✔Discloser must be provided in a timely manner, in writing, and be presented in a way
that is: - ✔✔clear, comprehensible, and prominent
, ✔✔T or F: the MVDA remedy of recession (cancellation of a sales contract) is available
only to a customer who is a consumer - ✔✔True
✔✔Recession is automatically granted for failing to disclose? - ✔✔The make, model
and model year of the vehicle; the vehicle was previously a taxi or limo; the vehicle has
been branded
✔✔There are other disclosure requirements that, if not met, trigger a customer's rights.
What are they? - ✔✔Previous use as police emergency services vehicle; previous use
as a daily rental; mileage/distance travelled
✔✔T or F: the remedy of remission is available to a customer who is also a dealer -
✔✔False
✔✔Under the MVDA, a customer entitled to recession has how long to request
cancellation? - ✔✔90 days
✔✔T or F: the consumer may also have up to one year to request rescission under the
Consumer Protection Act - ✔✔True
✔✔What is the margin of error allowed to a dealer who provides the distance driven
(odometer reading) or who cannot determine the total distance driven, but can
determine the distance driven as of some past date? - ✔✔Within the lesser of 5% or 1
000 km of the correct distance is required to be disclosed
✔✔T or F: customers cannot rescind a contact if the dealer was unaware of a vehicle's
true history, or honestly believed the disclosure given to be accurate - ✔✔False
✔✔When selling to another dealer: - ✔✔Selling dealers must disclose previous use as a
taxi, police vehicle, etc.. ; selling dealers must disclose damage repairs in excess of $3
000; selling dealers must disclose if the vehicle has 2 or more adjacent panels (that are
not bumper panels) that have been replaced
✔✔A contract for sale or lease of a vehicle between dealers: - ✔✔Must disclose specific
information to comply with the Code of Ethics Regulations
✔✔If a dealer's advertisement contains a price for a vehicle, that price must include? -
✔✔Administration fees, taxes, freight and PDI, "other: mandatory fees such as
documentation fees, window etching fees etc.
✔✔T or F: if an advertisement is for a vehicle that was used as a police vehicle, that
information must be prominently displayed in the ad - ✔✔True
SOLUTIONS RATED A+
✔✔If a statement Standards Certificate is issues for a vehicle, it means? - ✔✔The
vehicle met certain basic standards of safety on the date of inspection
✔✔An "as is" sale? - ✔✔Must include a specific definition of "as is" in the contract
✔✔T or F: a dealer selling a vehicle "as is" may also provide a Safety Standards
Certificate for the vehicle - ✔✔False
✔✔Contracts must have advisory or educational statements designed to inform
purchasers/lessees about their rights and responsibilities and to ensure they know
about the existence of certain agencies or organizations. Name them. - ✔✔OMVIC,
Motor Vehicle Dealer Compensation Fund, CAMVAP
✔✔If a customer gives a deposit but don't sign a contract, what rights do they have? -
✔✔If there is no signed contract and a deposit or trade in is given to the dealer, the
purchaser can cancel the contract at any time and demand his or her deposit or trade in
back.
✔✔List the "previous uses of a vehicle" a dealer must disclose - ✔✔taxi, limo, police
vehicle, emergency services, daily rental (unless subsequently owned by someone
other than a dealer)
✔✔List the types of incident damage that must be disclosed - ✔✔collision (greater than
$3000 in damage), fire, floor, and structural damage or alterations
✔✔In regards to replacement, what must be disclosed? - ✔✔The replacement of 2 or
more adjacent body panels (excluding bumper covers)
✔✔Dealers must disclose known damage repairs in excess of? - ✔✔$3 000
✔✔T or F: A dealer does not have to inform a purchaser that a vehicle's manufacturer's
warranty has been cancelled, so long as the dealer offers or sells the purchaser an
extended warranty - ✔✔False
✔✔List some conditions that must be disclosed about a vehicle - ✔✔A vehicle was
previously registered in another province, state or country; a vehicle's anti-lock braking
system is not functioning; a vehicle's airbags are missing; a vehicle's air conditioning
system requires repair
✔✔Discloser must be provided in a timely manner, in writing, and be presented in a way
that is: - ✔✔clear, comprehensible, and prominent
, ✔✔T or F: the MVDA remedy of recession (cancellation of a sales contract) is available
only to a customer who is a consumer - ✔✔True
✔✔Recession is automatically granted for failing to disclose? - ✔✔The make, model
and model year of the vehicle; the vehicle was previously a taxi or limo; the vehicle has
been branded
✔✔There are other disclosure requirements that, if not met, trigger a customer's rights.
What are they? - ✔✔Previous use as police emergency services vehicle; previous use
as a daily rental; mileage/distance travelled
✔✔T or F: the remedy of remission is available to a customer who is also a dealer -
✔✔False
✔✔Under the MVDA, a customer entitled to recession has how long to request
cancellation? - ✔✔90 days
✔✔T or F: the consumer may also have up to one year to request rescission under the
Consumer Protection Act - ✔✔True
✔✔What is the margin of error allowed to a dealer who provides the distance driven
(odometer reading) or who cannot determine the total distance driven, but can
determine the distance driven as of some past date? - ✔✔Within the lesser of 5% or 1
000 km of the correct distance is required to be disclosed
✔✔T or F: customers cannot rescind a contact if the dealer was unaware of a vehicle's
true history, or honestly believed the disclosure given to be accurate - ✔✔False
✔✔When selling to another dealer: - ✔✔Selling dealers must disclose previous use as a
taxi, police vehicle, etc.. ; selling dealers must disclose damage repairs in excess of $3
000; selling dealers must disclose if the vehicle has 2 or more adjacent panels (that are
not bumper panels) that have been replaced
✔✔A contract for sale or lease of a vehicle between dealers: - ✔✔Must disclose specific
information to comply with the Code of Ethics Regulations
✔✔If a dealer's advertisement contains a price for a vehicle, that price must include? -
✔✔Administration fees, taxes, freight and PDI, "other: mandatory fees such as
documentation fees, window etching fees etc.
✔✔T or F: if an advertisement is for a vehicle that was used as a police vehicle, that
information must be prominently displayed in the ad - ✔✔True
