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 include in the contract for an extended warranty?

  1. Vehicle's make, model, and model year

  2. Dealer's registered name and address

  3. All restrictions of the warranty

  4. All of the above

The correct answer is: All of the above

An extended warranty is a type of warranty that goes beyond the standard warranty offered with a product, usually a car or electronics. It is offered by either the manufacturer or a third-party company and it covers the cost of repair and replacement of certain components during a set period of time. When purchasing an extended warranty, the dealer must include all necessary information in the contract. This includes the vehicle's make, model, and model year (A), as well as the dealer's registered name and address (B). The contract must also clearly outline all restrictions of the warranty, such as coverage limits and exclusions (C). Therefore, option D, all of the above, is the correct answer as it includes all of the required information for the contract to be valid. Options A, B, and C may seem like valid choices, but they are incomplete and would not provide all necessary information for the extended warranty