Tico module one - Study guides, Class notes & Summaries

TICO Module One 2023 Solved 100% CORRECT VERIFIED June 25, 1997 - ANSWER-The ON government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario. TICO - ANSWER-Travel Industry Council of Ontario TIA - ANSWER-Travel Industry Act Travel Industry Compensation Fund - ANSWER-Refunds (fully or in part) eligible consumers who bought travel services from an Ontario-registered travel agency but did not receive them because of the bankruptcy or insolvenc...

June 25, 1997 - ANSWER-The ON government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario. TICO - ANSWER-Travel Industry Council of Ontario TIA - ANSWER-Travel Industry Act Travel Industry Compensation Fund - ANSWER-Refunds (fully or in part) eligible consumers who bought travel services from an Ontario-registered travel agency but did not receive them because of the bankruptcy or insolvency of a registrant or an airline or cruise line en...

TICO Module One

TICO Module One Exam Questions And Answers All Correct June 25, 1997 - ANSWER The ON government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario. TICO - ANSWER Travel Industry Council of Ontario TIA - ANSWER Travel Industry Act Travel Industry Compensation Fund - ANSWER Refunds (fully or in part) eligible consumers who bought travel services from an Ontario-registered travel agency but did not receive the...

TICO Module One June 25, 1997 - Answer-The ON government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario. TICO - Answer-Travel Industry Council of Ontario TIA - Answer-Travel Industry Act Travel Industry Compensation Fund - Answer-Refunds (fully or in part) eligible consumers who bought travel services from an Ontario-registered travel agency but did not receive them because of the bankruptcy or insolvency of a registrant or an airlin...

TICO Module 4 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 for a travel wholesaler to provide travel services Section 38(1) of the Regulation ANSWER-After making a sale, a travel agent must promptly issue the customer a statement, invoice...

TICO Module 2 Questions and Answers 100% Pass Why is travel legislation needed? 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: describes a particular set of rules. A regulation: in support of an Act describes how the rules will be enforced or applied. Does TICO register individuals? No, TICO does not. What are travel a...

TICO Module 4 Exam Questions And Answers 2023 Solution 100% Verified Correct What are the four main obligations that a registrant must meet after a sale but before the client departs on the trip? - CORRECT ANS -invoicing requirements, requirements to inform customers of any changes that might affect their purchase, requirements to verify travel wholesaler documents, requirements for a travel wholesaler to provide travel services Section 38(1) of the Regulation - CORRECT ANS -After making...

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...