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

The assertion indicates that dealers can bring customers to a wholesale auction, but it specifies that customers should only bid through the dealer. This understanding aligns with industry practices, as wholesale auctions are generally conducted exclusively for licensed dealers, not consumers. Dealers are authorized to represent their clients in the bidding process, which means that customers who attend must not engage in direct bidding themselves.

The integrity of the auction process relies on licensed dealers maintaining their status among other dealers, who also must adhere to the auction's regulations. Hence, allowing customers to bid independently—even through a dealer—could lead to confusion and potential breaches of the auction's standards.

In this context, the statement is false. Only dealers are permitted to represent themselves in the bidding process, ensuring a streamlined and regulated auction environment.