Tico end of section - Study guides, Class notes & Summaries

TICO Module 5 Test Questions With Complete Solutions The purpose of the Travel Industry Compensation Fund (usually referred to simply as the Compensation Fund, or the Fund) is to : - ANSWER 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 may be eligible to: - ANSWER receive compensation from the Fund....

TICO Module 5 Test Questions With All Correct Answers Section 52 of the Regulation - ANSWER 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 : - ANSWER 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...

TICO Module 5 Exam Section 52 of the Regulation - Correct answer-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 answer-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 may be...

TICO Module 5 Questions And Answers All Correct Section 52 of the Regulation - ANSWER 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 : - ANSWER 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 e...

TICO Module #5 What makes up the Fund? - Correct 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 registrant's client? - Correct answer-Registrant is bankrupt or insolvent or has ceased to carry on business Registrant purchased travel services on the clients behalf, extending cre...

TICO Module 5 Questions With Complete Solution Section 52 of the Regulation - CORRECT ANSWER 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 ANSWER 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 c...

TICO Module 1, 2, and 3 Test Q&A with Correct Answers 2023 Passed In representations is it required to show the price including GST/PST?No *ANS* No, the total amount to be paid for travel services A regulation in support of an Act describes... *ANS* How the rules will be enforced or applied A representation displayed on a billboard or bus board or any other medium with time or space limitation is NOT required to include? *ANS* Registrant's business name, address and registration number...

TICO Module 5 question with verified solution 2023Section 52 of the Regulation - correct answer 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 answer 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 su...

TICO Module 5 Exam Questions and Answers TICO Module 5 Exam Questions and Answers TICO Module 5 Exam Questions and Answers Section 52 of the Regulation - ANSWER-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 : - ANSWER-protect consumers who purchase travel services from Ontario-registered retailers. If travel services cannot be provided because of the financia...