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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What must a dealer do if they wish to store records somewhere other than the location from which they trade?

  1. Submit an online form to the government

  2. Get approval from the local Chamber of Commerce

  3. Notify the dealership employees

  4. Apply for and receive written authorization from OMVIC's Registrar

The correct answer is: Apply for and receive written authorization from OMVIC's Registrar

A dealer must apply for and receive written authorization from OMVIC's Registrar if they wish to store records somewhere other than the location from which they trade. This is because OMVIC (Ontario Motor Vehicle Industry Council) regulates and enforces the Motor Vehicle Dealers Act (MVDA) in Ontario, Canada. Under Section 43 of MVDA, dealers are required to store all records at their place of business unless they have received written authorization from OMVIC's Registrar. Option A is incorrect because submitting an online form to the government is not sufficient for obtaining authorization from OMVIC. Option B is incorrect because approval from the local Chamber of Commerce does not fall under the authority of OMVIC. Option C is incorrect because notifying dealership employees is not equivalent to obtaining written authorization from OMVIC. Therefore, option D is the correct and necessary step for a dealer to take in order to store records at a different location.