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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What document must include the mandatory "Sales Final" statement in 14 pt. bold font?

Deed of Sale
Invoice
Purchase Contract
Warranty Agreement

The correct answer is: Purchase Contract

A Deed of Sale is a legal document that transfers ownership of a property from one party to another. It does not typically include a "Sales Final" statement as it is used for real estate transactions. An Invoice is a document used to request payment for goods or services rendered. While it may include sales terms and conditions, it is not typically required to include a "Sales Final" statement. A Warranty Agreement is a document that outlines the terms and conditions of a guarantee for a product or service. While it may mention the finality of a sale, it is not typically used for all sales and would not require a 14 pt. bold font for the statement. A Purchase Contract is a legal document that outlines the terms and conditions of a purchase agreement. This would be the correct document to include a mandatory "Sales Final" statement in 14 pt. bold font as it confirms the finality of the sale and the agreed upon terms.