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Test Yourself The first questions below are the same questions asked in What Do You Know? at the beginning of this chapter. Try answering these

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Test Yourself The first questions below are the same questions asked in "What Do You Know?" at the beginning of this chapter. Try answering these questions again, and compare your results with your earlier answers. Then answer the additional questions. M. 1. What is the minimum age requirement to become a dealer? 2. List three requirements that must be met when applying to become a salesperson 3. True or False: All dealer and salesperson applicants undergo a Canada-wide criminal record search as part of the application screening process. 4. Which of the following must be registered with OMVIC (select all that apply): a) Dealers d) Finance managers b) Salespersons c) Service managers c) Business managers 5. List two reasons why OMVIC might refuse the registration of a dealer or salesperson. 6. If a person has been refused registration, what is one condition that has to be met before the person can reapply? 7. Should OMVIC issue a proposal to refuse (or revoke) registration, to whom can the applicant appeal? 8. List four classes of dealers. 9. List three examples of individuals or businesses that are exempt from registration. 10. Name one "change of information that a dealer must notify OMVIC about. 11. Please choose the most correct answer: In a large dealership, if the dealer principal delegates responsibility for ensuring that salespersons are registered, this should be delegated to: a) The bookkeeper c ) The sales manager b) The salesperson d) The payroll supervisor 12. OMVIC can refuse, revoke or suspend registration to a dealer, salesperson or corporation if the financial responsibility or past conduct of an interested person in respect of the applicant/registrant" gives reasonable grounds for it. Who might OMVIC consider an "interested person 13. Where is the certificate of the dealer registration kepe? 14. True or False: A salesperson must produce his or her registration certificate for inspection if a customer asks to see it. 15. In your own words describe: a) Both classes of General Dealers b) Three other classes Test Yourself The first questions below are the same questions asked in "What Do You Know?" at the beginning of this chapter. Try answering these questions again, and compare your results with your earlier answers. Then answer the additional questions. M. 1. What is the minimum age requirement to become a dealer? 2. List three requirements that must be met when applying to become a salesperson 3. True or False: All dealer and salesperson applicants undergo a Canada-wide criminal record search as part of the application screening process. 4. Which of the following must be registered with OMVIC (select all that apply): a) Dealers d) Finance managers b) Salespersons c) Service managers c) Business managers 5. List two reasons why OMVIC might refuse the registration of a dealer or salesperson. 6. If a person has been refused registration, what is one condition that has to be met before the person can reapply? 7. Should OMVIC issue a proposal to refuse (or revoke) registration, to whom can the applicant appeal? 8. List four classes of dealers. 9. List three examples of individuals or businesses that are exempt from registration. 10. Name one "change of information that a dealer must notify OMVIC about. 11. Please choose the most correct answer: In a large dealership, if the dealer principal delegates responsibility for ensuring that salespersons are registered, this should be delegated to: a) The bookkeeper c ) The sales manager b) The salesperson d) The payroll supervisor 12. OMVIC can refuse, revoke or suspend registration to a dealer, salesperson or corporation if the financial responsibility or past conduct of an interested person in respect of the applicant/registrant" gives reasonable grounds for it. Who might OMVIC consider an "interested person 13. Where is the certificate of the dealer registration kepe? 14. True or False: A salesperson must produce his or her registration certificate for inspection if a customer asks to see it. 15. In your own words describe: a) Both classes of General Dealers b) Three other classes

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