Dive into the OMVIC Practice Test and test your knowledge on laws, regulations, and ethical practices in the automotive industry. Perfect for aspiring dealers and salespersons to validate their expertise!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.


According to the MVDA, who can cancel a contract if needed?

  1. Only consumers

  2. Dealers

  3. Both consumers and dealers

  4. No one can cancel a contract

The correct answer is: Only consumers

According to the MVDA, only consumers have the right to cancel a contract if needed. This is because the law aims to protect consumers from any unfair or deceptive practices by dealers. Options B and C are not completely correct because while dealers can cancel a contract in certain situations, it is ultimately up to the consumer to decide if they want to cancel. Option D is incorrect because as per the MVDA, consumers do have the right to cancel a contract if needed. Therefore, only option A accurately reflects the rights granted by the MVDA.