OMVIC Practice Test

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

Prepare for the OMVIC Practice Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your OMVIC exam!

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.

If a dealer innocently sells a consumer a vehicle that turns out to be stolen and is seized by the police, what is the dealer obliged to do?

Contact the police for a detailed report
Refund the purchaser's money and contact the seller of the vehicle to seek a refund
Offer a replacement vehicle to the consumer
File a lawsuit against the previous owner

The correct answer is: Refund the purchaser's money and contact the seller of the vehicle to seek a refund

If a dealer innocently sells a consumer a vehicle that turns out to be stolen and is seized by the police, the dealer is obliged to refund the purchaser's money and contact the seller of the vehicle for a refund. This is because the dealer was unaware of the vehicle's stolen status and therefore, should not be held liable for any wrongdoing. Option A is incorrect because the dealer is not responsible for filing a detailed report to the police, as they have already taken action by seizing the vehicle. Option C is also incorrect because the dealer is not obligated to offer a replacement vehicle, as it was not their fault that the original vehicle was stolen. Option D is incorrect because the dealer is not required to file a lawsuit against the previous owner, as they were not aware of the vehicle's stolen status and have already taken the necessary action of refunding the purchaser.