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!

Practice this question and more.

What legislation requires auctions to only be accessible to registrants?

Highway Traffic Act
MVDA
Consumer Protection Act
Personal Information Protection and Electronic Documents Act

The correct answer is: MVDA

The Highway Traffic Act (A) regulates traffic and vehicles on public highways, rather than auctions. The Consumer Protection Act (C) protects consumers in commercial transactions and is not specific to auction accessibility. The Personal Information Protection and Electronic Documents Act (D) pertains to the collection, use, and disclosure of personal information by organizations in Canada, and is unrelated to auction registrants. Therefore, the only legislation that specifically requires auctions to only be accessible to registrants is the Motor Vehicle Dealers Act (B). This act ensures that vehicle auctions are only accessible to registered motor vehicle dealers, and not to the general public.