OMVIC Practice Test 2025 – 400 Free Practice Questions to Pass the Exam

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

False

The statement is false because the MVDA (Motor Vehicle Dealers Act) provides that the remedy of rescission is available not only to consumers but also to other parties involved in a sales contract under certain conditions. While the act primarily focuses on protecting consumers, its provisions can extend the right to rescind a contract to different types of purchasers in specific circumstances. Therefore, the idea that rescission is exclusive to consumers does not align with the broader applicability of the MVDA. This distinction is critical in understanding the legal protections afforded to a wider range of buyers in vehicle sales transactions.

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True

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