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Which of the following is NOT a reason OMVIC might refuse the registration of a dealer or salesperson?

  1. False statement on application

  2. Failed to comply with terms

  3. Insufficient work experience

  4. Cannot be expected to be financially responsible

The correct answer is: Insufficient work experience

OMVIC might refuse the registration of a dealer or salesperson if they make a false statement on their application or fail to comply with terms, such as regulations or codes of conduct. Additionally, they may refuse registration if the individual is unable to demonstrate financial responsibility. Therefore, the only incorrect option is C, as insufficient work experience does not necessarily disqualify someone from being a registered dealer or salesperson.