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.

What does the Highway Traffic Act require from registered motor vehicle dealers regarding record-keeping?

Maintaining a personal log
Keeping a complete record of vehicle information in a garage register
Recording only the sale price of vehicles
Logging only the buyer's and seller's names

The correct answer is: Keeping a complete record of vehicle information in a garage register

The Highway Traffic Act requires registered motor vehicle dealers to keep a complete record of vehicle information in a garage register, which includes details such as the vehicle make, model, year, and serial number. Option A is incorrect because personal logs are not a requirement under the Highway Traffic Act. Option C is incorrect because dealers are required to record the full purchase and sale price of vehicles, not just the sale price. Option D is incorrect because dealers are required to log the full details of the transaction, including the names of both the buyer and seller.