TICO (100% Verified)

representation correct answers a presentation of fact made in person, electronically, or in print in order to induce someone to act or enter into a contract. Examples of representations include: correct answers oral presentations, advertisements, brochures, and websites. Section 31 of the Regu...

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

Section 52 of the Regulation correct answers Purpose of the travel Industry compensation Fund The purpose of the Travel Industry Compensation Fund (usually referred to simply as the Compensation Fund, or the Fund) is to : correct answers protect consumers who purchase travel services from Ontario...

TICO is funded by a. the Ontario government b. consumers c. Ontario registrants d. the Canadian travel industry correct answers 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 vacati...

Who is TICO funded by? correct answers Ontario Registrants TICO works with consumers to ensure that..... correct answers They are aware of their rights under the travel industry act 2002 what 3 groups work with TICO to carry out its mandate? correct answers The travel industry, the Provincial ...

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...

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

The phrase "to promote a fair and informed marketplace where consumers can be confident of their travel purchases" is the a. mission statement of the Ministry of Consumer Services b. mission statement of TICO c. vision statement of TICO d. purpose of the Travel Industry Act, 2002 correct answ...

What is the Corporate structure of TICO ? correct answers Non-profit TICO is an authority of which Ontario government? correct answers Ministry of Small business and Consumer Services TICO is financed by? correct answers Registrants Which is NOT a TICO Board Committee? correct answers Inves...

: Which one of the following circumstances would NOT result in the travel retailer having to offer the customer a full refund or comparable alternative travel services? a) Where a contract permits a price increase, the cumulative increase is more than 7% of the total price (excluding increases caus...

Purpose of the travel Industry compensation Fund correct answers to protect consumers who purchase travel services from Ontario-registered retailers If travel services cannot be provided because of the financial failure of a registrant or an airline or cruise line end supplier, then a consumer ma...