OMVIC Practice Questions with Correct Answers
What is the primary legislation governing Ontario's retail automotive sector?
The Motor Vehicle Act (2002)
Which body or agency enforces the MVDA?
a) Ministry of Consumer Services
b) OADA/TADA
c) OMVIC
d) Automotive Business School of Canada
c) OMVIC
List three functions carried out by OMVIC.
(Any of the following)
- Administers and enforces the MVDA
- Administers the Compensation Fund
- Inspects dealers
- Maintains a complaint line for consumers
- Conducts investigatons
- Conducts disciplinary hearings
- Conducts prosecutions
How many people compose OMVIC's Board of Directors? Of these, how many
represent the industry and how many represent consumers?
12 total - 9 dealers, 3 consumer reps
Briefly explain the "Transaction Fee Program"
, Under the Transaction Fee Program, dealers are required to remit $10 for each vehicle sold or
leased to OMVIC (these funds are remitted annually)
T/F: Under the Transaction Fee Program, dealers are required to remit $10 (to
OMVIC) for each vehcicle sold or leased.
TRUE
T/F: The transaction fee can be passed along to the customer
TRUE
What information is OMVIC required to make available to the public?
a) A dealer's business name, address and phone number
b) A salesperson's name
c) Any proposal to refuse to renew, suspend or revoke the registration of a dealer or
salesperson
d) All of the above
d) All the above
Should OMVIC determine a dealer's advertising to be false or misleading, what powers
does OMVIC have to stop or correct it?
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's pre-approval for future advertising?
Up to 2 years
What is the primary legislation governing Ontario's retail automotive sector?
The Motor Vehicle Act (2002)
Which body or agency enforces the MVDA?
a) Ministry of Consumer Services
b) OADA/TADA
c) OMVIC
d) Automotive Business School of Canada
c) OMVIC
List three functions carried out by OMVIC.
(Any of the following)
- Administers and enforces the MVDA
- Administers the Compensation Fund
- Inspects dealers
- Maintains a complaint line for consumers
- Conducts investigatons
- Conducts disciplinary hearings
- Conducts prosecutions
How many people compose OMVIC's Board of Directors? Of these, how many
represent the industry and how many represent consumers?
12 total - 9 dealers, 3 consumer reps
Briefly explain the "Transaction Fee Program"
, Under the Transaction Fee Program, dealers are required to remit $10 for each vehicle sold or
leased to OMVIC (these funds are remitted annually)
T/F: Under the Transaction Fee Program, dealers are required to remit $10 (to
OMVIC) for each vehcicle sold or leased.
TRUE
T/F: The transaction fee can be passed along to the customer
TRUE
What information is OMVIC required to make available to the public?
a) A dealer's business name, address and phone number
b) A salesperson's name
c) Any proposal to refuse to renew, suspend or revoke the registration of a dealer or
salesperson
d) All of the above
d) All the above
Should OMVIC determine a dealer's advertising to be false or misleading, what powers
does OMVIC have to stop or correct it?
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's pre-approval for future advertising?
Up to 2 years
