OMVIC Practice Test 2026 - Free OMVIC Practice Questions and Study Guide

The Code of Ethics Regulations are established to maintain professionalism, integrity, and fairness in the conduct of individuals involved in the automotive sales industry in Ontario. When a licensee fails to comply with these regulations, the implications can be serious, reflecting the importance of ethical practices in maintaining consumer trust and the credibility of the industry.

In this context, the correct answer addresses the range of potential consequences for violations of the Code of Ethics Regulations. A disciplinary hearing is a common avenue through which violations can be addressed, providing a forum for investigation and resolution of complaints.

Additionally, the possibility of refusal to grant or renew registration underscores the regulatory body's commitment to ensuring that only compliant and ethical individuals are permitted to operate within the industry. This serves as a preventative measure to maintain high standards.

Furthermore, revocation of registration may occur in more serious cases where an individual's breaches have been egregious or recurrent. This action effectively removes the individual's license to operate, thus protecting the public and the reputation of the industry as a whole.

Therefore, the consequence of failure to abide by the Code of Ethics Regulations encompasses all of these potential outcomes, emphasizing a comprehensive approach to regulatory enforcement in the automotive sales field. This is why the choice that encompasses all three specific outcomes is the most accurate answer