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OMVIC Warranties and Vehicle Condition Representations Flashcards

7 cards from real OMVIC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 OMVIC Warranties and Vehicle Condition Representations flashcards as text

  1. Under OMVIC regulations, if a dealer sells a vehicle 'as-is', what obligation still remains?

    Answer: The dealer must still disclose known material defects

    Even with an 'as-is' sale, OMVIC requires dealers to disclose known material defects that could affect safety or value.

  2. A dealer represents a used vehicle as having 'no accident history' but fails to check CarFax. The vehicle had a prior collision. This is best described as:

    Answer: A fraudulent or negligent misrepresentation

    Claiming no accident history without verifying it constitutes negligent or fraudulent misrepresentation under OMVIC's Code of Ethics.

  3. Which of the following is NOT a required disclosure under OMVIC's Used Vehicle Information Package (UVIP)?

    Answer: The dealer's profit margin on the vehicle

    The UVIP requires ownership history, liens, and registration data, but dealer profit margins are not a mandated disclosure.

  4. A buyer purchases a vehicle and later discovers the odometer was rolled back by 50,000 km. Under OMVIC, this is:

    Answer: A criminal offence and OMVIC Code of Ethics violation

    Odometer tampering is a criminal offence in Canada and a serious violation of OMVIC's Code of Ethics.

  5. Under OMVIC's Compensation Fund, what is the primary purpose of the fund?

    Answer: To compensate consumers who suffer financial loss due to dealer misconduct

    The OMVIC Compensation Fund exists specifically to compensate consumers who suffer financial losses caused by registered dealer misconduct.

  6. A dealer sells a certified pre-owned vehicle with a written warranty. Three weeks later the transmission fails—a condition that existed before sale. The buyer's best course of action is:

    Answer: Request warranty repair and file an OMVIC complaint if denied

    A written warranty is a binding contract; if the dealer refuses to honor it for a pre-existing condition, the buyer should file an OMVIC complaint.

  7. When must a dealer provide a consumer with a written copy of the contract of sale under OMVIC regulations?

    Answer: At the time of signing

    OMVIC requires dealers to provide the buyer with a written copy of the contract at the time of signing.