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

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True or False: If a dealer knows the odometer of a vehicle is inaccurate and cannot provide any indication of what the true mileage might be, they must write on the contract "TMU" (which stands for "true mileage unknown").

True

When a dealer is aware that the odometer reading is inaccurate and cannot provide any indication of the actual mileage, it is a legal obligation to disclose this information to potential buyers. Writing "TMU," which stands for "true mileage unknown," on the contract serves as an important form of transparency. It informs the buyer that the mileage displayed on the odometer is not reliable, helping them make an informed decision about the vehicle purchase.

This requirement is essential in protecting consumers from fraud and ensuring that they are aware of the potential issues with the vehicle's history. Failure to disclose such information could lead to legal consequences for the dealer and diminish trust with customers. Thus, the statement is true; a dealer must indicate "TMU" on the contract in this situation.

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False

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