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!

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Rescission is triggered if which of the following is not disclosed?

Vehicle color
Previous use as daily rental, unless subsequently owned by someone other than a dealer
Previous ownership
Number of previous accidents

The correct answer is: Previous use as daily rental, unless subsequently owned by someone other than a dealer

Rescission is triggered if the previous use as a daily rental is not disclosed, unless subsequently owned by someone other than a dealer. This means that if the vehicle was previously used as a daily rental, it must be disclosed to the buyer unless it was subsequently (after the rental) owned by someone other than a dealer. This is why options A, C, and D are incorrect choices. Option A is incorrect because vehicle color is not a factor in determining rescission. Option C is incorrect because previous ownership must be disclosed regardless of who owned the vehicle before the current dealer. And option D is incorrect because the number of previous accidents does not trigger rescission, unless it is not disclosed to the buyer.