OMVIC Practice Test

Disable ads (and more) with a membership for a one time $2.99 payment

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 be itemized if the dealer agrees to provide items or inducements at no extra charge?

Dealership's services
Salesperson's personal belongings
A list with descriptions and retail value of each item
A list of potential future incentives

The correct answer is: A list with descriptions and retail value of each item

A itemized list with descriptions and retail value of each item must be provided if the dealer agrees to include items or inducements at no extra charge because it ensures transparency and accountability for both parties. It allows the customer to know exactly what they are receiving and the value of each item, rather than just a vague mention of "free items." This helps prevent any misunderstandings or false promises. Options A, B, and D are incorrect because they do not pertain to the scenario or the requirement of providing an itemized list. Option A is a vague answer that does not specify what services are being referred to. Option B is unrelated and irrelevant. Option D mentions "potential future incentives" which are not mentioned in the question or relevant to providing an itemized list.