Podcast
Questions and Answers
Extra contract requirements are outlined in section 4.06.
Extra contract requirements are outlined in section 4.06.
True (A)
The appeal process is discussed in section 2.18.
The appeal process is discussed in section 2.18.
False (B)
Who doesn’t have to register with OMVIC is addressed in section 2.12.
Who doesn’t have to register with OMVIC is addressed in section 2.12.
True (A)
Financing representations appear in section 4.10.
Financing representations appear in section 4.10.
The summary and sample contract can be found in section 4.13.
The summary and sample contract can be found in section 4.13.
OMVIC is required to provide dealers' contact information such as their name and business address.
OMVIC is required to provide dealers' contact information such as their name and business address.
The General Regulations and the Code of Ethics are the only regulations that dealers and salespeople must adhere to.
The General Regulations and the Code of Ethics are the only regulations that dealers and salespeople must adhere to.
OMVIC has the authority to appoint a 'receiver and manager' to take over a dealership in specific circumstances.
OMVIC has the authority to appoint a 'receiver and manager' to take over a dealership in specific circumstances.
OMVIC is permitted to disclose all the information it collects from dealers to the public.
OMVIC is permitted to disclose all the information it collects from dealers to the public.
OMVIC's primary role includes administering and enforcing the Motor Vehicle Dealers Act (MVDA).
OMVIC's primary role includes administering and enforcing the Motor Vehicle Dealers Act (MVDA).
Flashcards
Contract for Sale
Contract for Sale
A written agreement outlining the terms of a vehicle sale or lease, including details like price, financing, and any warranties.
Broker
Broker
A dealer who is selling a vehicle for someone else, usually for a fee.
OMVIC's Role
OMVIC's Role
OMVIC's responsibility to safeguard consumers by enforcing the Motor Vehicle Dealers Act (MVDA) and its associated regulations.
Trade-in Value
Trade-in Value
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Negative Equity
Negative Equity
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Dealer Regulations
Dealer Regulations
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Financing Company
Financing Company
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Public Information Disclosure
Public Information Disclosure
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OMVIC's Enforcement Powers
OMVIC's Enforcement Powers
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OMVIC's Information Privacy
OMVIC's Information Privacy
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Study Notes
Automotive Certification Course - Student Manual
- This is a 2024 edition student manual for the Automotive Certification Course, jointly developed by the Automotive Business School of Canada and Georgian College, in collaboration with the Ontario Motor Vehicle Industry Council (OMVIC).
- The manual covers laws, regulations and practices related to the automotive industry in Ontario.
- The manual is divided into 18 chapters featuring review questions, activities, and assignments to help students remember what they've read and apply what they've learned.
- Review questions include multiple choice, true-false and fill-in-the-blank styles.
- The Automotive Certification Test will only contain multiple choice questions.
- Students have 12 weeks to complete the course materials and pass the Automotive Certification Test, with a 75% minimum passing grade.
- Students can choose to complete the test online or in person but only once.
- Enrollment in this course does not automatically register students with OMVIC.
- Upon passing the course, registered dealers and salespeople can use the designation “C.A.L.E. – Certified in Automotive Law and Ethics."
- A certificate, a letter of congratulations, and an industry pin will be given to successful graduates.
Table of Contents
- Detailed table of contents with chapter numbers and page numbers, outlining course content, including introductions to the course, dealer premises and records, contract requirements, retail disclosure requirements, etc., as well as appendices.
Important Information
- The student manual is not legal advice.
- The manual is a guide for understanding Ontario laws and regulations, but further legal consultation is recommended.
- References to relevant acts are given, such as the Motor Vehicle Dealers Act and the Consumer Protection Act.
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Description
This quiz covers important aspects of contract regulations, appeal processes, and registration requirements as outlined in different sections of the contract. Topics include financing representations and a summary of contract procedures. Test your knowledge on these crucial legal concepts!
