OMVIC License Practice Test & Course – Prepare for the OMVIC Exam in Ontario

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What does the term "as is" mean?

The vehicle is not represented as being in road worthy condition and may require substantial repairs at the buyer's expense

"As is" means that the buyer is purchasing the vehicle in its current state, with no guarantees or warranties from the seller. This means that the vehicle may have issues or require repairs, and the buyer will be responsible for any costs associated with them. Option B is incorrect because "as is" does not guarantee that the vehicle meets safety standards. Option C is incorrect because "as is" means the seller is not responsible for any repairs needed. Option D is incorrect because "as is" does not come with a return policy.

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The vehicle is guaranteed to meet basic safety standards

Any repairs needed for the vehicle will be covered by the seller

The vehicle comes with a 30-day return policy

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