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.

Which of the following must be included in an extended warranty contract?

Warranty commencement and end date
Vehicle Identification Number (VIN)
Maximum individual claim limits
All of the above

The correct answer is: All of the above

An extended warranty contract must include the warranty commencement and end date, Vehicle Identification Number (VIN), and maximum individual claim limits. Including all of these elements ensures that the contract clearly outlines the coverage period, specifies the vehicle to be covered, and sets a limit on the amount that can be claimed per repair. Options A, B, and C are all important components of a comprehensive extended warranty contract, but if any of these elements are missing, it could lead to confusion or disputes in the future. Therefore, all of these choices must be included in an extended warranty contract.