Omvic Latest Exam All Chapters 1-18 With Real Questions And Correct Detailed Answers (Correct Verified Answers) Latest Updated Version |already A Graded {Full Revised Exam}

What is the primary legislation governing Ontario's retail automotive sector? {Ans: } MVDAWhich body or agency enforces MVDA? {Ans: } OMVICHow many people compose OMVIC's board of directors? {Ans: } 12 in total, 9 dealers and 3 consumer repsWhat is the "transaction fee program"? {Ans: } under the transaction fee program, dealers are required to remit $10 for each vehicle sold or leased to OMVIC. These funds are remitted annually with the dealers registration renewal fee.T or F: the fee can be passed on to the consumer {Ans: } TrueWhat is OMVIC required to make available to the public? {Ans: } A dealers name, address and phone number; a salespersons name; any proposal to refuse to renew, suspend or revoke the registration of a dealer or salespersonShould OMVIC determine a dealers advertising to be false or misleading what powers do they have to stop or correct it? {Ans: } Order to the dealer to cease publication and or issue a retraction or correctionIf an order is used to stop or correct false advertising, for how long may the dealer need to seek OMVIC pre approval for future advertising? {Ans: } up to 2 yearsWhat is the minimum age requirement to