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 is the maximum penalty for an individual convicted of an offence under the CPA?

A fine of up to $100,000
A maximum of two years in jail and/or a fine of up to $50,000
A maximum of two years less a day in jail and/or a fine of up to $50,000
A maximum of one year in jail and/or a fine of up to $50,000

The correct answer is: A maximum of two years less a day in jail and/or a fine of up to $50,000

The maximum penalty for an individual convicted of an offence under the CPA is a combination of a maximum sentence of two years less a day in jail and a fine of up to $50,000. Option A is incorrect because the maximum fine is actually $50,000, not $100,000. Option B is incorrect because it states a maximum of two years in jail rather than two years less a day. Similarly, option D is incorrect because it only mentions a maximum of one year in jail. It is important to note that the fines listed in the options are maximum amounts and a convicted individual may receive a lesser fine based on the severity of the offence.