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!

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What is the maximum penalty for an individual person convicted under the CPA?

  1. A max of two years less a day in jail and/or a fine of up to 25,000

  2. A max of two years less a day in jail and/or a fine of up to 60,000

  3. A max of two years less a day in jail and/or a fine of up to 50,000

  4. A max of two years less a day in jail and/or a fine of up to 30,000

The correct answer is: A max of two years less a day in jail and/or a fine of up to 50,000

The Correct answer is C A max of two years less a day in jail and/or a fine of up to 50,000. This is the maximum penalty for an individual person convicted under the CPA. Options A, B, and D all have incorrect fine amounts. Option A has a fine of up to 25,000 which is lower than the maximum penalty. Similarly, option B has a fine of up to 60,000 and option D has a fine of up to 30,000, both of which are higher than the maximum penalty. Therefore, the correct answer is C because it has the correct fine amount of up to 50,000, in addition to the maximum jail time of two years less a day.

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