OMVIC Chapter 4 Exam Questions With Verified Answers

OMVIC Chapter 4 Exam Questions With Verified Answers On a purchase contract, what must be printed in 14 pt. bold font next to the buyer's signature? - answerSales final List four items that must be in a contract for the sale of a new vehicle. - answer-Salesperson's name and registration number -Date of sale and date of delivery, -Vehicle identification number (VIN), if known, Make, model, model year and trim level of vehicle If a dealer does not have a specific new vehicle in stock, but will locate the vehicle and bring it in, what must be disclosed to the purchaser regarding the mileage? - answerIf the contract does not specifically identify a new vehicle (e.g., a vehicle which must be located, VIN unknown), the maximum distance that will be shown on the odometer at the time of delivery or a statement initialled by the buyer that there is no maximum List four items (different from those provided in your answer to question 2) that must be included in contracts for the sale of a used vehicle. - answer-Buyer's name and address, -Dealer's registered name (and legal name if different from registered name), address and registration number, -Salesperson's name and registration number -Date of sale and date of delivery, VIN, Make, model, model year and trim level of vehicle