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!

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There are three disclosure requirements that, if not met, trigger a customer's rescission rights. What are they?

  1. Previous use as police/emergency services vehicle

  2. Previous use as daily rental

  3. Mileage/distance travelled

  4. All of the above

The correct answer is: All of the above

The three disclosure requirements that trigger a customer's rescission rights are previous use as a police/emergency services vehicle, previous use as a daily rental, and mileage/distance travelled. Therefore, option D, "All of the above" would be the correct choice. This means that none of the other options, A, B, and C, on their own, would trigger a customer's rescission rights. While they may be relevant factors in determining the value or condition of a vehicle, they do not necessarily meet the specific disclosure requirements that would allow a customer to rescind their purchase. It is important for a customer to be aware of these requirements in order to protect their rights and make an informed purchase.