TICO Exams Package Deal -Solved

John is a student who has decided to create his own company to provide walking tours in his hometown of Thunder Bay. Some tourists book a tour, but because John has the flu, he does not show up. The tourists complain to TICO that their afternoon was ruined. Why is TICO unable to assist these cons...

Tico - ANSWER-Is a not for profit corporation that regulates, and is financed by the retail and wholesale travel community On June 25, 1995 - ANSWER-The government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario What does TICO stands for - ANSW...

Who is TICO? - ANSWER-TICO - Travel Industry Council of Ontario: - parallel organization with the government; - they administer the act; and - the government allowed this. When? - ANSWER-June 25, 1997, the act was put into place to protect the consumer MGS? - ANSWER-Ministry of Government S...

In representations is it required to show the price including GST/PST?No - ANSWER-No, the total amount to be paid for travel services A regulation in support of an Act describes... - ANSWER-How the rules will be enforced or applied A representation displayed on a billboard or bus board or any ...

TICO is required by the ministry to submit what - ANSWER-An annual report and A annual business plan Theses are part of TICOS Financial Position TICO is managed by a board of directors and a CEO what are they responsible for ? - ANSWER-* The board is responsible for overseeing the general ope...

What makes up the Fund? - ANSWER-Contributions made by registrants Any money borrowed under this or an earlier Regulation Recoveries of money paid from the Fund Income earned on the money in the Fund. What circumstances must the registrant reimburse the Fund for any claims paid to the registra...

What are the four main obligations that a registrant must meet after a sale but before the client departs on the trip? - ANSWER-invoicing requirements, requirements to inform customers of any changes that might affect their purchase, requirements to verify travel wholesaler documents, requirements f...

TICO is funded by a. the Ontario government b. consumers c. Ontario registrants d. the Canadian travel industry - ANSWER-c. Ontario registrants TICO works with consumers to ensure that a. they are aware of their rights under the Travel Industry Act, 2002 b. they take their vacations in ...

Common Travel Problems - ANSWER-Result from the actions or arrangements travel suppliers make. Eg. physical injuries delays and cancellations overbooking discrimination lost, damaged, or stolen baggage, and misrepresentation concerning transportation, accommoda- tion, tours, and other trav...

Why is travel legislation needed? - ANSWER-A number of common travel problems can result from the actions or arrangements that travel suppliers make. Travel agents - even if they do not cause the above problems - may have to deal with the fallout from them. An Act: - ANSWER-describes a particular...