Podcast
Questions and Answers
Which organization is responsible for administering and enforcing the Motor Vehicle Dealers Act (MVDA)?
Which organization is responsible for administering and enforcing the Motor Vehicle Dealers Act (MVDA)?
- Dealership Association
- Law Enforcement
- OMVIC (correct)
- Consumer Protection Agency
What type of information must OMVIC make public to protect consumers?
What type of information must OMVIC make public to protect consumers?
- Sales statistics of dealers
- Salesperson's commission rates
- Dealer's financial performance
- Dealer's name and contact details (correct)
In what circumstances can OMVIC take control of a dealership's operations?
In what circumstances can OMVIC take control of a dealership's operations?
- Based on customer reviews alone
- If there are violations of regulations (correct)
- If the dealership has multiple locations
- When there is a complaint from an employee
What is one of the two sets of regulations that dealers and salespeople must adhere to?
What is one of the two sets of regulations that dealers and salespeople must adhere to?
Which of the following statements about OMVIC's information collection is true?
Which of the following statements about OMVIC's information collection is true?
Under what circumstances might OMVIC appoint a receiver and manager for a dealership?
Under what circumstances might OMVIC appoint a receiver and manager for a dealership?
What triggers OMVIC to issue a freeze order on a dealer's assets?
What triggers OMVIC to issue a freeze order on a dealer's assets?
Which of the following is NOT considered registration information for dealers and salespeople?
Which of the following is NOT considered registration information for dealers and salespeople?
What kind of information must OMVIC keep private?
What kind of information must OMVIC keep private?
What does MVDA stand for, and what does it govern?
What does MVDA stand for, and what does it govern?
Flashcards
Appointing a Receiver and Manager
Appointing a Receiver and Manager
A severe action taken by OMVIC where the courts appoint a "receiver and manager" to oversee a dealership. This action is considered when the dealership is facing severe financial issues, possible closure, or potential revocation of their license.
Freeze Order
Freeze Order
A legal order by OMVIC to freeze a dealer's assets or trust funds. It's a drastic measure taken to protect customers when serious concerns exist (e.g., after a search order or criminal case).
Protecting Confidentiality
Protecting Confidentiality
OMVIC is bound by the law to protect confidential information gathered about individuals and businesses. They are not allowed to share private details with anyone.
What is the MVDA?
What is the MVDA?
Signup and view all the flashcards
What information does the public register contain
What information does the public register contain
Signup and view all the flashcards
What is OMVIC?
What is OMVIC?
Signup and view all the flashcards
What is OMVIC's role in making information public?
What is OMVIC's role in making information public?
Signup and view all the flashcards
What do OMVIC's regulations govern?
What do OMVIC's regulations govern?
Signup and view all the flashcards
What power does OMVIC have to protect consumers?
What power does OMVIC have to protect consumers?
Signup and view all the flashcards
Study Notes
OMVIC Certification Course - Student Manual
- OMVIC (Ontario Motor Vehicle Industry Council) and Georgian College's Automotive Business School of Canada offer the Automotive Certification Course
- It is mandatory for all new dealers and salespeople in Ontario
- The 2024 edition of the student manual covers laws, regulations, and practices of automotive sales.
- The manual is divided into 18 chapters with review questions at the end of each chapter.
- Appendix 1 has the answers to the review questions.
- Review questions include multiple choice, true-false, and fill-in-the-blank types.
Registration
- The course has a 12-week period to learn the material and complete the Automotive Certification Test
- 75% minimum grade is needed to pass the test
- The test can be taken online or in person, and can only be taken once
- Registration fees apply, and full fees are needed for subsequent tests after failing within 12 weeks.
- Separate registration with OMVIC is needed after passing the test. This registration is for dealers or salespeople.
- The OMVIC website and course materials provide detailed information about registration requirements
Course Content
- The manual covers various subjects related to the automotive industry, including the Motor Vehicle Dealers Act (MVDA), OMVIC's role and responsibilities, dealer advertising, dealer premises and records, contract requirements, conflict-resolution, consumer protection, research, and more.
- Each chapter covers specific topics with learning objectives and comprehensive explanations.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
Test your knowledge about the Motor Vehicle Dealers Act (MVDA) and the role of the Ontario Motor Vehicle Industry Council (OMVIC). This quiz covers various aspects of regulations, information management, and the operational authority of OMVIC. Perfect for students and professionals in the automotive industry.
