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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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").

True
False

The correct answer is: False

The correct understanding is that if a dealer knows the odometer of a vehicle is inaccurate and cannot provide any indication of what the true mileage might be, they are indeed required to disclose this by indicating "TMU" on the contract. This practice ensures transparency and protects consumers by informing them that the mileage is not reliable, thus enabling them to make informed decisions about the vehicle’s history and potential value. This labeling is a crucial element of maintaining trust in the automotive marketplace and adheres to regulations aimed at consumer protection. By failing to write "TMU," a dealer may be misrepresenting the vehicle, which can lead to legal ramifications and loss of credibility.