OMVIC (ONTARIO MOTOR VEHICLE
INDUSTRY COUNCIL) 2026 FINAL EXAM
COMPLETE CURRENT TESTING QUESTION
AND DETAILED CORRECT ANSWER
(VERIFIED) TOP-RATED A+.
OMVIC
Ace your OMVIC (Ontario Motor Vehicle Industry Council) Final
Exam by mastering provincial consumer protection laws, ethical
sales practices, and dealership regulations. This exam evaluates
your knowledge of legal responsibilities and professional
conduct required to operate in Ontario's vehicle sales sector. It
is specifically designed to license individuals for lawful and
ethical practice within the motor vehicle industry.
T or F: an OMVIC inspector has the right to access dealer
records, but not the vehicles on the dealer's lot ✓ ✓......
ANSWER ....... False
The OMVIC inspector: ✓ ✓...... ANSWER ....... May use
the dealer's own computer system to produce required
information
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What is a curbsider? ✓ ✓...... ANSWER ....... They are
unlicensed dealers posing as private sellers
What are the common problems with the vehicles that
curbsiders sell? ✓ ✓...... ANSWER ....... Often
misinterpreted, accident-damaged, odometer-tampered,
stolen or have liens
Studies have shown the percentage of "private" vehicle ads
are actually placed by curbsiders is ✓ ✓...... ANSWER .......
25%
Curbsiders : ✓ ✓...... ANSWER ....... ignore tax law, avoid
overhead, have an unfair advantage over registered dealers
Is the compensation fund available to all customers or only
customers who are consumers? ✓ ✓...... ANSWER .......
consumers only
How much does each salesperson pay into the fund? ✓
✓...... ANSWER ....... Nothing
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How much does each dealer pay into the fund? ✓ ✓......
ANSWER ....... $300
T or F: the max individual claim from the fund is $15 000 ✓
✓...... ANSWER ....... False
T or F: The fund is similar to an insurance policy, so a dealer
does not have to reimburse the Fund should the Fund pay
out a claim on behalf of a dealer ✓ ✓...... ANSWER .......
False
T or F: Protections under the CPA would apply to a carpenter
buying a van for his or her small company ✓ ✓......
ANSWER ....... False
T or F: CPA protects "consumers" only ✓ ✓...... ANSWER
....... True
T or F: The CPA covers sales but not leases, and not services
such as repairs ✓ ✓...... ANSWER ....... False