Free Practice -

Question 1

Which law governs Ontario’s retail automotive industry?

The Motor Vehicle Dealers Act (MVDA) The Highway Traffic Act only The Personal Property Security Act The Competition Act

Question 2

For OMVIC exam purposes in the chapter on introduction to the course, which answer is correct? Which body enforces the MVDA on behalf of the province?

MVRO ServiceOntario CAMVAP OMVIC

Question 3

A study question asks: Who pays OMVIC transaction fees under the Transaction Fee Program?

Consumers directly Lenders Dealers Salespeople

Question 4

Choose the best answer based on the OMVIC 2026 student manual. When do dealers normally remit OMVIC transaction fees?

Only when OMVIC requests it Once a year when renewing registration Every time a vehicle is advertised Monthly with payroll filings

Question 5

Which option best reflects the rule from introduction to the course? Which sale is exempt from the transaction fee?

A sale directly to another registered dealer A retail sale to a consumer A fleet sale to a business customer An as-is retail sale

Question 6

If OMVIC finds false or misleading advertising, what can it order?

Only issue a warning letter Only fine the salesperson personally Automatically close the dealership Stop the ad and retract or correct it

Question 7

Does OMVIC need to give notice before conducting an inspection under Chapter 10?

No notice is required Yes, 30 days’ notice is always required Yes, seven days’ notice is required Only telephone notice is required

Question 8

For OMVIC exam purposes in the chapter on enforcing the mvda, which answer is correct? Are OMVIC inspectors the same as OMVIC investigators?

Yes Only at fleet lessors Only during branch audits No

Question 9

A study question asks: Which statement best describes an OMVIC inspector?

A lender’s compliance officer A court-appointed receiver Similar to an auditor who reviews premises, records, and vehicles A neutral arbitrator under CAMVAP

Question 10

Choose the best answer based on the OMVIC 2026 student manual. Which statement best describes an OMVIC investigator?

A dealership employee appointed by OMVIC A provincial offences officer who can investigate complaints and lay charges if appropriate A person who only reviews advertisements A person who only collects transaction fees

Question 11

Which option best reflects the rule from enforcing the mvda? Which source can trigger an OMVIC investigation?

Inspectors, consumer complaints, police, or other dealers Only anonymous internet comments Only lenders Only CAMVAP decisions

Question 12

During an inspection, can OMVIC use the dealer’s own computer system to access information?

No, never Only with a court order Only if the dealer refuses to cooperate Yes

Question 13

How much notice must OMVIC inspectors give before an inspection?

24 hours 48 hours 7 days No notice is required

Question 14

An OMVIC inspector may access records but not vehicles on the dealer’s lot.

True False True, but only for some transactions False unless the point is disclosed orally

Question 15

Who is a consumer under the CPA?

A person acting for personal, family, or household purposes Any customer including a corporation Only a first-time buyer Only a lessee, not a purchaser

Question 16

For OMVIC exam purposes in the chapter on consumer protection act, which answer is correct? Can a contract validly take away a consumer’s CPA rights?

Yes, if signed willingly Yes, if witnessed by a lawyer Only in a lease No

Question 17

A study question asks: Which are the two broad categories of unfair business practices under the CPA?

Late licensing and high storage fees Minor disputes and major disputes False/misleading/deceptive representations and unconscionable representations Misfiled financing and misprinted ads

Question 18

Choose the best answer based on the OMVIC 2026 student manual. What is a material fact?

Only a mechanical defect Information that might affect the consumer’s decision if known Any fact printed in bold Only a fact worth more than $3,000

Question 19

Which option best reflects the rule from consumer protection act? Can a dealer still be liable under the CPA for an honest mistake they should have discovered?

Yes No Only if the consumer is a lawyer Only if OMVIC already warned them

Question 20

What is the maximum penalty for an individual convicted of breaking the CPA as described in the manual?

A fine up to $5,000 only Mandatory licence suspension for ten years No jail, only restitution Up to two years less a day in jail and/or a fine up to $50,000

Question 21

If a dealer advertises a vehicle price, what pricing rule applies?

The ad must show an all-in price including all mandatory charges Only the payment amount must be shown HST must always be included and cannot be excluded Freight may always be hidden in the fine print

Question 22

For OMVIC exam purposes in the chapter on disclosure in advertising, which answer is correct? Which charges may be excluded from the advertised price if clearly stated?

Freight and PDI Administration fees Required dealer-installed products HST and licensing

Question 23

A study question asks: What must be included in vehicle advertising besides pricing compliance?

The lender’s underwriting sheet The employee commission plan The selling dealer’s registered name The dealer’s payroll account number

Question 24

Choose the best answer based on the OMVIC 2026 student manual. If an ad shows a price, what must be true about the vehicle’s availability?

The vehicle may already be sold if another similar unit exists The vehicle must actually be available, and limited-quantity ads should state how many are available The dealer may substitute any vehicle later Availability only matters for new vehicles

Question 25

What must appear in 14-point bold print next to the buyer’s signature on a purchase contract?

A sales final statement A lien search warning only A credit score disclosure A trade-in valuation table

Question 26

For OMVIC exam purposes in the chapter on contract requirements, which answer is correct? If a new vehicle is not specifically identified in the contract, what mileage disclosure is required?

Only the factory test-drive distance No mileage disclosure is needed The exact distance on the day the contract is signed Maximum delivery odometer distance or a buyer-initialled statement saying there is no maximum

Question 27

A study question asks: What does a Safety Standards Certificate (SSC) prove?

The vehicle is guaranteed mechanically perfect The vehicle can never be sold as unfit later The vehicle met basic safety standards on the day inspected The vehicle has a 36-day warranty against all defects

Question 28

Choose the best answer based on the OMVIC 2026 student manual. If a used vehicle is sold as-is, what must the contract include?

Nothing if the buyer test-drives it The specific statutory as-is statement and buyer initials Only the words ‘AS IS’ in small print A dealer note that the buyer accepts future repairs

Question 29

Which option best reflects the rule from contract requirements? Can a dealer provide an SSC and also sell the same vehicle as-is?

No Yes, if the buyer agrees Yes, if the vehicle is older than ten years Yes, if the price is reduced

Question 30

How many vehicles should appear on one sales contract?

Up to two if they are related units Any number if separately itemized Whatever the buyer and dealer prefer One vehicle per contract

Question 31

For OMVIC exam purposes in the chapter on contract requirements, which answer is correct? Who must sign the contract and who gets a copy right away?

Only the salesperson signs; the dealer keeps the original Only the dealer and lender sign The dealer, buyer, and salesperson as applicable; the buyer gets a copy immediately Only the buyer signs; OMVIC mails the copy later

Question 32

A study question asks: Which organization(s) are highlighted by required informational statements on sale/lease contracts?

PPSA registry only OMVIC, the Compensation Fund, and CAMVAP MVRO only ServiceOntario only

Question 33

Choose the best answer based on the OMVIC 2026 student manual. If a customer gives a deposit or trade-in but never signs a contract, what right does the customer have?

They can demand the deposit or trade-in back They must wait 90 days They lose the deposit automatically They can only sue in court

Question 34

Which option best reflects the rule from contract requirements? What is negative equity?

The dealer paid too much for auction inventory The tax exceeds the discount The lender charges an admin fee The customer owes more on the current vehicle loan than the vehicle is worth

Question 35

How must negative equity be shown on contracts?

Only in the internal worksheet, not the contract It does not need to be shown if rolled into payments Truthfully and not hidden by inflating the vehicle price As an optional disclosure only if the lender asks

Question 36

For OMVIC exam purposes in the chapter on contract requirements, which answer is correct? When arranging financing, what should a dealer disclose if the credit application will be sent to more than one lender?

Only the lender that ultimately funds the deal That it will be sent to more than one lender and get the customer’s approval Nothing, because this is internal Only the highest APR offer

Question 37

Does the Code of Ethics apply only to dealers and salespeople after a complaint is filed?

No Yes Only to brokers Only to wholesalers

Question 38

For OMVIC exam purposes in the chapter on code of ethics regulations, which answer is correct? What kinds of conduct are emphasized by the Code of Ethics?

Speed of closing only Lowest price at any cost Keeping all disputes confidential Integrity, honesty, fairness, and professionalism

Question 39

A study question asks: What forum can impose educational and cost orders after discipline proceedings?

ServiceOntario The Compensation Fund Board The Discipline Committee/Panel CAMVAP

Question 40

Choose the best answer based on the OMVIC 2026 student manual. Can a discipline decision simply be ignored while the registrant keeps working unchanged?

Only if the order is under $1,000 No Yes Only if the dealer disagrees