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OMVIC FINAL EXAM LATEST COMPLETE ACTUAL EXAM REAL QUESTIONS AND CORRECT DETAILED ANSWERS (CORRECT VERIFIED ANSWERS) LATEST UPDATED VERSION |GUARANTEED PASS A+ (BRAND NEW!!)

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OMVIC FINAL EXAM LATEST COMPLETE ACTUAL EXAM REAL QUESTIONS AND CORRECT DETAILED ANSWERS (CORRECT VERIFIED ANSWERS) LATEST UPDATED VERSION |GUARANTEED PASS A+ (BRAND NEW!!)

Institución
OMVIC
Grado
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Institución
OMVIC
Grado
OMVIC

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Subido en
24 de noviembre de 2024
Número de páginas
63
Escrito en
2024/2025
Tipo
Examen
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OMVIC FINAL EXAM LATEST 2024-2025 COMPLETE
ACTUAL EXAM REAL QUESTIONS AND CORRECT
DETAILED ANSWERS (CORRECT VERIFIED
ANSWERS) LATEST UPDATED VERSION
|GUARANTEED PASS A+ (BRAND NEW!!)


Which of the following must be registered with OMVIC (select
all that apply)


A) Dealers
B) Salespersons
C) Business managers
D) Finance managers
E) Service - Answer-A) Dealers
B) Salespersons
C) Business managers
D) Finance managers


Select the two reasons why OMVIC might refuse the
registration or renewal of registration of a dealer or
salesperson.

,A) Past conduct affords grounds for the belief the applicant
won't conduct business with honesty and integrity


B) The applicant has not yet attained the age of 25


C) Lack of work experience


D) The applicant failed to comply with terms and conditions of
registration - Answer-A) Past conduct affords grounds for the
belief the applicant won't conduct business with honesty and
integrity


D) The applicant failed to comply with terms and conditions of
registration


If a person has been refused registration, what is one condition
that has to be met before the person can re-apply?


A) six months has passed
B) a year has passed
C) two years has passed
D) five years has passed - Answer-C) two years has passed

,Should OMVIC issue a proposal to refuse (or revoke)
registration, to whom can the applicant appeal?


A) License Appeal Tribunal (LAT)
B) OADA/TADA
C) OMVIC
D) Ministry of Transportation - Answer-A) License Appeal
Tribunal (LAT)


Which of the following is not one of the four "classes" of
dealers?


A) General Dealer - New and Used Vehicles
B) General Dealer - Used Vehicles
C) Broker
D) Inside Ontario Dealer
E) Outside Ontario Dealer - Answer-D) Inside Ontario Dealer


Which of the following is NOT an individual or business that is
exempt from registration?

, A) Lawyer
B) Registered Charity
C) A business or individual who exports vehicle
D) Wholesale Auction - Answer-C) A business or individual who
exports vehicle


Which of the following is NOT a "change of information" that a
dealer must notify OMVIC about?


A) Change of dealership address
B) Change of dealership logo
C) The date of commencement of Employment of every
salesperson - Answer-B) Change of dealership logo


In a large dealer dealership, if the dealer principal delegates
responsibikity for ensuring that salespersons are registered,
this should be delegated to (Choose the most correct answer)


A) The bookkeeper
B) The salesperson
C) The sales manager
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