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.

True or False: The MVDA remedy of rescission (cancellation of a sales contract) is available only to a customer who is a "consumer."

False
True

The correct answer is: False

This is because the MVDA remedy of rescission can be available to a customer who is not a "consumer" in certain circumstances. For example, a customer who has been fraudulently induced into the contract can also seek rescission as a remedy, even if they do not fall under the legal definition of a "consumer." Additionally, some states may have laws that provide for rescission as a remedy for non-consumers in specific situations. Therefore, the statement that the remedy of rescission is available only to a "consumer" is false.