OMVIC Practice Test

True or False: If a dealer knows the odometer of a vehicle is inaccurate and cannot provide any indication of what the true mileage might be, they must write on the contract "TMU" (which stands for "true mileage unknown").

1. True

2. False

The correct answer is: True

The statement is true because when a dealer is aware that the odometer reading of a vehicle is not accurate and cannot provide any information to clarify the true mileage, they are legally obligated to disclose this information to potential buyers. This is to ensure transparency in the sale and to prevent any potential fraud. By marking "TMU" on the contract, the dealer signifies that the true mileage cannot be determined, thus protecting both the buyer and the dealer from future liabilities related to misrepresentation of the vehicle's mileage. This requirement aligns with consumer protection laws designed to promote honesty in vehicle sales and to help buyers make informed decisions.