Tico module 3 correct - Study guides, Class notes & Summaries

TICO Module(s) 1-2 | Questions with 100% Correct Answers | Verified When was the Travel Industry Act, created? - answer1974 Government downloaded the responsibility to the Travel industry but still keeps a hand through which Ministry - answerMinistry of Consumer Services What year was TICO created? - answer1997 TICO reports to the _____ _____ of _____ _____ - answerProvincial Ministry of Consumer Services TICO works with three groups - answerConsumers, Travel Industry, and the Government...

TICO Module 3 question and answers 2023 updated rated A+representation - correct answer a presentation of fact made in person, electronically, or in print in order to induce someone to act or enter into a contract. Examples of representations include: - correct answer oral presentations, advertisements, brochures, and websites. Section 31 of the Regulation - correct answer Registrants must ensure that any representations made on their behalf comply with the Act and Regulation. Therefore, a...

TICO Module #3 question with correct solution 2023 graded A+ passedWhat are the main obligations of a registrant when making representations? - correct answer Written Representations; Registrants Business Name, Business Address, and TICO Registration Number. Oral Representations; Do not have to include the business name, address and or registration number. What 3 ways may prices be shown in all representations? - correct answer 1. As a total price; including all fees, levies, service charge...

TICO's Role in the Travel Industry Module 1 correctly answered 2023TICO - correct answer is a not-for-profit corporation that regulates, and is financed by, the retail and wholesale travel community. The Travel Industry Compensation Fund (or, simply, 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 airli...

Module 3 TICO question with 100% correct answers rated A+ 2023Representation - correct answer Is a presentation of fact made in person electronically or in print in order to induce someone to act or enter into a contract. Prices must reflect the total amount to be paid for the travel services. This amount can be shown in three ways. - correct answer Total price, including all fees, levies, service charges, and surcharges. A base price plus a total for all fees, levies, service charge or s...

TICO Module #4 correctly answered to pass 2023 rated A+ What are the 4 main categories of obligations that a registrant must meet after a sale, but before the client departs on the trip? - correct answer 1.Invoicing Requirements 2. Requirements to inform client's of any changes that might affect their purchase 3. Requirements to verify travel wholesaler documents 4. Requirements for a travel wholesaler to provide travel services. What must be included on all invoices, statements and rece...

Module 2 TICO Ontario travel industry act 2002, sets down the rules? - Correct answer-Under which travel retailers and travel wholesalers must operate in Ontario Ontario Regulation 26/05 - Correct answer-Sets out the procedural rules for registration and outlines registration procedures Quebec's Travel Agents Act was enacted in? - Correct answer-1974 Ontario's Travel industry act was established in? - Correct answer-1974 British Columbia's Travel Agents Registration Act was enacted in?...