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 must a dealer do according to the compliance section of the Code of Ethics Regulations?

Provide a new car for every salesperson
Make sure all documents are current and comply with the law
Sell vehicles only in cash transactions
Advertise only in local newspapers

The correct answer is: Make sure all documents are current and comply with the law

In the compliance section of the Code of Ethics Regulations, dealers are required to ensure that all documents related to car sales are up-to-date and meet all legal requirements. This includes things like title documents, contracts, and any necessary disclosure forms. Options A, C, and D are not mentioned in the compliance section and therefore do not accurately represent what a dealer must do according to the regulations. Option A, providing a new car for every salesperson, is not a requirement at all. Option C, selling vehicles only in cash transactions, is not mentioned and could potentially limit the consumer's ability to purchase a car. Option D, advertising only in local newspapers, is also not mentioned and could restrict a dealer's reach to potential buyers. Therefore, option B is the only answer that accurately reflects a requirement in the compliance section of the Code of Ethics Regulations.