OMVIC Practice Test

Dealers must clearly indicate that the contract is on an 'as is' basis on the front of the contract. This is important as it ensures transparency and informs the buyer that they are purchasing the vehicle as it is, without any guarantees or warranties from the dealer. Options A, C, and D are incorrect as they do not adequately address the requirement for an 'as is' sale. Offering a warranty or disclosing verbally does not clearly indicate that the sale is on an 'as is' basis, while providing a vehicle history is not necessarily required for an 'as is' sale. It is important for dealers to follow this guideline to avoid potential legal issues with buyers.