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 is the maximum fine for a corporation under the MVDA for committing certain offences?

$50,000
$100,000
$250,000
$500,000

The correct answer is: $250,000

The maximum fine for a corporation under the MVDA (Motor Vehicle Dealers Act) can be up to $250,000 for committing certain offences. Option A, B, and D are incorrect because they are lower or higher than the maximum fine specified for a corporation under the MVDA. Additionally, these options do not take into consideration the specific category of offences mentioned in the question. Therefore, option C is the most appropriate and accurate answer.