OMVIC Practice Test

Question: 1 / 400

What information about financing must be provided if the dealer helps a consumer obtain it?

Color of the bank's logo

Bank manager's name and address

Initial Disclosure Statement details

When a dealer assists a consumer in obtaining financing, they must provide details about the Initial Disclosure Statement. This statement includes important information such as the annual percentage rate, finance charges, and other fees associated with the loan. Options A, B, and D are all irrelevant to the question and do not provide any useful information about the financing process.

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Location of the nearest ATM

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