OMVIC Practice Test

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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.

How should vehicle damage caused by immersion in liquid be disclosed in the contract?

By simply stating the vehicle was once flooded
With a statement indicating damage caused by immersion that reached at least the interior floor boards
As a warning of potential electrical issues
No disclosure is necessary unless the engine was affected

The correct answer is: With a statement indicating damage caused by immersion that reached at least the interior floor boards

Disclosing vehicle damage caused by immersion in liquid is important in the contract to inform the buyer of any potential issues with the vehicle. Options A and D are incorrect because they do not specify the extent of the damage and may mislead the buyer. Option C is incorrect because it only mentions possible electrical issues, but does not cover all potential damages. Option B is the most accurate and thorough answer as it specifies both the cause of the damage and the extent of the damage. This provides the buyer with important information to make an informed decision about the vehicle.