Travel wholesaler - Study guides, Class notes & Summaries
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TICO Sample Test Questions and Answers Graded A+
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TICO Sample Test Questions and Answers Graded A+ 
In representations is it required to show the price including GST/PST?No No, the total 
amount to be paid for travel services 
A regulation in support of an Act describes... 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? Registrant's business name, address and registration 
number 
Contributions to the Compensation Fu...
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TICO TOP Exam Questions And CORRECT Answers
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In representations is it required to show the price including GST/PST?No No, the total 
amount to be paid for travel services 
A regulation in support of an Act describes... 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? Registrant's business name, address and 
registration number 
Contributions to the Compensation Fund by registrants must be made Twice a year (at...
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TICO GlOSSARY (A+ GUARANTEED)
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Act correct answers A law that describes a particular set of rules. 
 
Travel Industry Act 2002 correct answers sets down the rules under which travel retailers and wholesalers must operate in Ontario. This act give the government power to make a law without further legislation. 
 
Ontario Regulation 26/05 correct answers sets out the procedural rules (requirements) for registration and outlines registration procedures. 
 
Travel Agent/Travel Retailer/Travel Agency/website correct answers A pers...
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TICO Test Sample Exam Questions with 100% Correct Answers
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In representations is it required to show the price including GST/PST?No Correct Answer No, the total amount to be paid for travel services 
 
A regulation in support of an Act describes... Correct Answer 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? Correct Answer Registrant's business name, address and registration number 
 
Contributions to the Compensation Fund...
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TICO Module 5 (100% Error-free Answers)
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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-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: correct ...
Too much month left at the end of the money?
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TICO - Module 5 (with Complete Solutions)
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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 may be eligible to receive compensation from the Fund 
 
Travel Industry Compensation Fund Notes correct answers "Compensation Fund" 
 
Consumers do not have to live in Ontario to be covered by the Fu...
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TICO GlOSSARY|QUESTIONS WITH COMPLETE ANSWERS |100% verified
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TICO GlOSSARY 
 
 
Act ANSWER-A law that describes a particular set of rules. 
 
Travel Industry Act 2002 ANSWER-sets down the rules under which travel retailers and wholesalers must operate in Ontario. This act give the government power to make a law without further legislation. 
 
Ontario Regulation 26/05 ANSWER-sets out the procedural rules (requirements) for registration and outlines registration procedures. 
 
Travel Agent/Travel Retailer/Travel Agency/website ANSWER-A person who sells,...
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MKTG 3104 EXAM #3 Qs&As 2024
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MKTG 3104 EXAM #3 Qs&As 2024 
Marketing Channel - ANS-Individuals and firms involved in the process of making a product or service 
available for use or consumption by consumers or industrial users 
Middleman - ANS-Any intermediary between the manufacturer and end-user markets 
Agent or Broker - ANS-Any intermediary with legal authority to act on behalf of the manufacturer 
Wholesaler - ANS-Any intermediary who sells to other intermediaries, usually to retailers; term usually 
applies to consu...
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TICO Supervisor/ Manager Exam
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TICO Supervisor/ Manager Exam 
 
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 consumers? 
a. a tour guide is considered to be an end supplier and is therefore exempt 
from registering with TICO 
b. John should have registered with TICO because he is...
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TICO TEST SAMPLE 100% Correct!!
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In representations is it required to show the price including GST/PST?No - ANSWERNo, the total amount to be paid for travel services 
 
A regulation in support of an Act describes... - ANSWERHow 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? - ANSWERRegistrant's business name, address and registration number 
 
Contributions to the Compensation Fund by registrants must ...
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