-2027 ACTUAL COMPLETE REAL EXAM QUESTIONS
AND CORRECT ANSWERS (VERIFIED ANSWERS)
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A Safety Standards Certificate is required when - ANSWER -
transferring a used
motor vehicle to a new owner as fit; registering a motor vehicle
in Ontario that
was previously registered in another province or country;
changing the status of
a vehicle from unfit to fit; registering a rebuilt
motor vehicle
How long is a Safety Standards Certificate valid? - ANSWER -36
days
Used vehicle information packages are required in - ANSWER -
private sales
Under the MVDA, a customer entitled to recession has
how long to request
,cancellation? - ANSWER -
90 days
T or F: the consumer may also have up to one year to request
rescission under
the Consumer Protection Act -
ANSWER -True
What is the margin of error allowed to a dealer who provides
the distance driven (odometer reading) or who cannot
determine the total distance driven, but can determine the
distance driven as of some past date? - ANSWER -Within the
lesser of 5% or 1 000 km of the correct distance is required to
be disclosed
T or F: customers cannot rescind a contact if the dealer was
unaware of a vehicle's true history, or honestly believed the
disclosure given to be accurate - ANSWER -False
When selling to another dealer: - ANSWER -Selling dealers
must disclose previous use as a taxi, police vehicle, etc.. ;
selling dealers must disclose damage repairs in excess of $3
000; selling dealers must disclose if the vehicle has 2 or more
adjacent panels (that are not bumper panels) that have been
replaced
A contract for sale or lease of a vehicle between dealers: -
ANSWER -Must
disclose specific information to comply with the Code of
Ethics Regulations
, If a dealer's advertisement contains a price for a vehicle, that
price must include? - ANSWER -Administration fees, taxes,
freight and PDI, "other: mandatory fees such as documentation
fees, window etching fees etc.
Dealers and salespeople are required to conduct business in
accordance with
the law and with? - ANSWER -Integrity, fairness
and honesty
Failure to abide by the Code of Ethics Regulations can result
in: - ANSWER -
Revocation of registration, a disciplinary hearing, refusal to
grant or renew
registration
T or F: an "order" of the OMVIC discipline committee is final
and cannot be
appealed - ANSWER -
False
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