OMVIC Practice Test

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Prepare for the OMVIC Certification Test with practice questions that include hints and detailed explanations. Enhance your learning with flashcards and multiple choice questions. Get ready to pass your OMVIC Test with confidence!

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.

According to the MVDA, what is the time frame within which a customer may request rescission after failing to receive mandatory disclosures?

30 days
60 days
90 days
One year

The correct answer is: 90 days

The other options are incorrect because they do not match the time frame specified in the question, which is asking about the time frame for requesting rescission after failing to receive mandatory disclosures. Options A, B, and D all have shorter or longer time frames than the correct answer of 90 days. Option D also specifies one year, which is significantly longer than 90 days. It is important for customers to be aware of the correct time frame in order to exercise their rights under the MVDA.