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
Investments
TICO's key stakeholders are: - CORRECT ANSWERS Registrants,...
TICO A+EXAM QUESTION AND ANSWERS 2023 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 Investments TICO's key stakeholders are: - CORRECT ANSWERS Registrants, Consumers, Ontario Government TICO administers the: - CORRECT ANSWERS The travel Industry Act, 2002 and Ontario Regulation 26/05 How many provinces have travel legislation? - CORRECT ANSWERS 3 A condition for a new TICO registration for a travel agency is - CORRECT ANSWERS Security deposit of 10,000 What type of accounting must TICO travel agencies implement ? - CORRECT ANSWERS Trust accounting Which consumer is protected by TICO regulations - CORRECT ANSWERS Any consumer who buys travel from a TICO registered travel agency A written representation may exclude the TICO registration number - CORRECT ANSWERS If there are time and space limitations Which is not an acceptable price representation - CORRECT ANSWERS total prices less all taxes and charges Which type of insurance must always be offered? - CORRECT ANSWERS Trip cancellation insurance What fact about accommodation must be disclosed - CORRECT ANSWERS Standards not always the same as in Canada what advertising is considered to be misleading, TICO may - CORRECT ANSWERS All of the above What is the Corporate structure of TICO ? - CORRECT ANSWERS Non- a. Order the agency to cease advertising b. Order the agency to retract advertising
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