OMVIC FINAL EXAM EXPERT CERTIFIED QUESTIONS AND ANSWER S NEW! NEW!

OMVIC FINAL EXAM EXPERT CERTIFIED QUESTIONS AND ANSWER S NEW! NEW!
**What is the primary legislation governing Ontario's retail
automotive sector?**
MVDA (Motor Vehicle Dealers Act)
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**Which body or agency enforces MVDA?**
OMVIC (Ontario Motor Vehicle Industry Council)
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**How many people compose OMVIC's board of directors?**
12 in total, 9 dealers and 3 consumer reps
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**What is the "transaction fee program"?**
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 on to the consumer**
True
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**What is OMVIC required to make available to the public?**
A dealer’s name, address, and phone number; a salesperson’s
name; any proposal to refuse to renew, suspend, or revoke the
registration of a dealer or salesperson
---
**Should OMVIC determine a dealers advertising to be false or
misleading what powers do they have to stop or correct it?**
Order to the dealer to cease publication and/or issue a retraction
or correction 

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