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Omvic Comprehensive Assessment 2026 Solved Questions And Solutions Graded A+

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OMVIC COMPREHENSIVE ASSESSMENT 2026 SOLVED QUESTIONS AND SOLUTIONS GRADED A+

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OMVIC COMPREHENSIVE ASSESSMENT
2026 SOLVED QUESTIONS AND
SOLUTIONS GRADED A+

◉ An "as is" sale?
Answer: 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
Answer: 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.
Answer: OMVIC, Motor Vehicle Dealer Compensation Fund, CAMVAP


◉ If a customer gives a deposit but don't sign a contract, what rights
do they have?
Answer: 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
Answer: 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
Answer: collision (greater than $3000 in damage), fire, floor, and
structural damage or alterations


◉ In regards to replacement, what must be disclosed?
Answer: The replacement of 2 or more adjacent body panels
(excluding bumper covers)


◉ Dealers must disclose known damage repairs in excess of?
Answer: $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
Answer: False


◉ List some conditions that must be disclosed about a vehicle
Answer: 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:
Answer: 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
Answer: True


◉ Recession is automatically granted for failing to disclose?
Answer: 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?
Answer: 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
Answer: False

Información del documento

Subido en
18 de septiembre de 2026
Número de páginas
16
Escrito en
2026/2027
Tipo
Examen
Contiene
Preguntas y respuestas
$16.99

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