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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Under what condition can a vehicle with a 'Stolen' status be sold?

  1. If the theft was minor

  2. After paying a fine

  3. When the vehicle is recovered and the status is removed

  4. It cannot be sold until repaired

The correct answer is: When the vehicle is recovered and the status is removed

A vehicle with a 'Stolen' status cannot be sold until it is recovered and the status is removed. This is because selling a stolen vehicle is illegal and would be considered fraud. Options A, B, and D are incorrect because they do not address the main issue of the vehicle being stolen. Option A suggests that a minor theft would make selling the vehicle permissible, but any type of theft would result in the vehicle having a stolen status. Option B implies that paying a fine would automatically remove the stolen status, which is not the case. Option D assumes that the vehicle can be sold once it is repaired, but the stolen status must still be addressed before the sale can take place. Therefore, option C is the only correct answer as it directly addresses the condition under which a vehicle with a stolen status can be sold.