18) with answers |\ |\
What is the primary legislation governing Ontario's
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retail automotive sector? (C1)
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MVDA
Which body or agency enforces MVDA? (C1)
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a) Ministry of Government and Consumer Services
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b) TADA |\
c) OMVIC |\
d) Automotive Business School of Canada
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c) OMVIC |\
List three functions carried out by OMVIC (C1).
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- |\ Administers and enforces the MVDA |\ |\ |\ |\
- |\ Inspects dealers |\
- |\ Maintains a complaint line for consumers |\ |\ |\ |\ |\
- |\ Conducts investigations |\
- |\ Conducts disciplinary hearings |\ |\
- |\ Conducts prosecutions |\
- |\ Administers the compensation fund |\ |\ |\
How many people compose OMVIC's board of
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directors? Of these, how many represent the |\ |\ |\ |\ |\ |\ |\
industry and how many represent consumers? (C1)
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12 in total, 9 dealers and 3 consumer reps
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,Briefly explain the "Transaction Fee Program" (C1).
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Under the transaction fee program, dealers are required
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to remit $10 for each vehicle sold or leased (including
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fleet and "as is" transactions) to OMVIC. These funds are
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remitted annually with the dealers registration renewal |\ |\ |\ |\ |\ |\ |\
fee.
True or False: Under the Transaction Fee Program,
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the dealers are required to remit $10 (to OMVIC)
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for each retail vehicle sold or leased. (C1)
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True
T or F: the fee can be passed on to the consumer
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(C1)
True
What is OMVIC required to make available to the
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public? (C1) |\
a) A dealers name, address and phone number
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b) a salespersons name
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c) any proposal to refuse to renew, suspend or revoke the
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registration of a dealer or salesperson |\ |\ |\ |\ |\
d) all of the above
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d) all of the above
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Should OMVIC determine a dealers advertising to |\ |\ |\ |\ |\ |\ |\
be false or misleading what powers do they have to
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stop or correct it? (C1)
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,OMVIC may issue an order requiring the dealer to cease
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publication and/or issue a retraction or correction. |\ |\ |\ |\ |\ |\
If an order is used to stop or correct false
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advertising, for how long may the dealer need to |\ |\ |\ |\ |\ |\ |\ |\ |\
seek OMVIC pre approval for future advertising?
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(C1)
Up to two years|\ |\ |\
List two possible situations which could result in
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OMVIC applying to a court to appoint a receiver
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and manager to assume temporary control of a
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dealership. (C1) |\
This action might be taken:
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- If there has been an investigation
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- If the dealership is about to fall
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- If OMVIC is proposing to revoke a registration
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- If a freeze order is about to be made
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What is the minimum age requirement to become a
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dealer? (C2)
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18
List three requirements that must be met when
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applying to become a salesperson.(C2) |\ |\ |\ |\
- Complete/pass certification course
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- Pay fee
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- Be employed or retained by a registered dealer to act as
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a salesperson.
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, True or False: All dealer and salesperson applicants
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undergo a Canada-wide criminal record search as
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part of the application screening process. (C2)
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True
Which of the following must be registered with |\ |\ |\ |\ |\ |\ |\ |\
OMVIC?(C2)
a) Dealers |\
b) Salespersons |\
c) Business managers
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d) Finance managers
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e) Service Managers
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a, b, c, d|\ |\ |\
List two reasons why OMVIC might refuse the
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registration of a dealer or salesperson?(C2) |\ |\ |\ |\ |\
Any two of: |\ |\
- Past conduct
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- False statement on application
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- Failed to comply with terms
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- Cannot be expected to be financially responsible
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- The Compensation Fund has paid out a claim and has
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not been reimburse |\ |\
If a person has been refused registration, what is
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one of the condition that has to be met before the
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person can re-apply?(C2) |\ |\