Tico module - Study guides, Class notes & Summaries

June 25, 1997 Correct Answer The ON government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario. TICO Correct Answer Travel Industry Council of Ontario TIA Correct Answer Travel Industry Act Travel Industry Compensation Fund Correct 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 a...

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 ...

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 end supplier, then a consumer may be eligible to: - Answer- receive co...

TICO Module 5

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 ...

TICO Module 5. Questions and answers latest update

TICO Module(s) 1-2 Questions and Answers Rated A+ When was the Travel Industry Act, created? 1974 Government downloaded the responsibility to the Travel industry but still keeps a hand through which Ministry Ministry of Consumer Services What year was TICO created? 1997 TICO reports to the _____ _____ of _____ _____ Provincial Ministry of Consumer Services TICO works with three groups Consumers, Travel Industry, and the Government True or False: TICO is not-for-profit True TICO is financed...

Why is travel legislation needed? - ANSWERA 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: - ANSWERdescribes a particular set of rules. A regulation: - ANSWERin support of an Act describes how the rules will be enforced or applied. Does TICO register individuals? - ANSWERNo, TICO does not. What are travel agencie...

When was the Travel Industry Act, created? CORRECT ANSWER 1974 Government downloaded the responsibility to the Travel industry but still keeps a hand through which Ministry CORRECT ANSWER Ministry of Consumer Services What year was TICO created? CORRECT ANSWER 1997 TICO reports to the _____ _____ of _____ _____ CORRECT ANSWER Provincial Ministry of Consumer Services TICO works with three groups CORRECT ANSWER Consumers, Travel Industry, and the Government True or False: TICO is no...