OMVIC Practice Test

What is one major point of the OMVIC Code of Ethics?

1. Encouraging aggressive sales tactics

2. Promoting accountability and transparency in vehicle sales

3. Offering discounts to loyal customers

4. Limiting consumer options during sales

The correct answer is: Promoting accountability and transparency in vehicle sales

The OMVIC Code of Ethics emphasizes promoting accountability and transparency in vehicle sales as a fundamental principle. This focus ensures that dealers and salespeople conduct their business in a manner that builds trust with consumers. By prioritizing honesty and clear communication, the Code encourages sales practices that protect consumers from deceptive practices and ensure they have access to all necessary information about the vehicles they are considering. This commitment to ethical standards not only fosters a positive reputation for the automotive industry but also enhances consumer confidence in the purchasing process. In contrast, aggressive sales tactics, discount offer structures, or limiting consumer options would undermine this trust and transparency, which is the cornerstone of ethical conduct as outlined in the OMVIC Code.