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.

True or False: The remedy of rescission is available to a customer who is also a dealer.

False
True
Option A
Option B

The correct answer is: False

Regarding the remedy of rescission, it is important to note that this option is only available to a customer who is NOT a dealer. This is because dealers are considered professionals who have expertise and knowledge in their field, and thus are held to a higher standard of responsibility when entering into contracts. As such, dealers are not afforded the same protections as regular customers, including the option of rescission. Therefore, the statement is false, and option A is correct.