OMVIC Practice Test 2025 - Free OMVIC Practice Questions and Study Guide

Question: 1 / 400

On a purchase contract, what must be printed in 14 pt. bold font next to the buyer's signature?

Buyer's Name

Mandatory "Sales Final" statement

The mandatory "Sales Final" statement must be printed in 14 pt. bold font next to the buyer's signature on a purchase contract. This statement serves as a reminder to the buyer that once they sign the contract, the sale is final and there is no option for return or refund. Options A, C, and D are incorrect as they do not need to be printed in 14 pt. bold font next to the buyer's signature. Option A, the buyer's name, should already be included on the contract and does not need special font or emphasis. Option C, the seller's name, only needs to be included for identification purposes and can be printed in a regular font. Option D, the Vehicle Identification Number (VIN), while an important piece of information, does not need to be highlighted in 14 pt. bold font.

Get further explanation with Examzify DeepDiveBeta

Seller's Name

Vehicle Identification Number (VIN)

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy