Tico module 4 Study guides, Class notes & Summaries

Module 2 TICO Question and answer 2023 verified Ontario travel industry act 2002, sets down the rules? Under which travel retailers and travel wholesalers must operate in Ontario Ontario Regulation 26/05 Sets out the procedural rules for registration and outlines registration procedures Quebec's Travel Agents Act was enacted in? 1974 Ontario's Travel industry act was established in? 1974 British Columbia's Travel Agents Registration Act was enacted in? 1977 ...

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...

Module 2 TICO Ontario travel industry act 2002, sets down the rules? - Answer-Under which travel retailers and travel wholesalers must operate in Ontario Ontario Regulation 26/05 - Answer-Sets out the procedural rules for registration and outlines registration procedures Quebec's Travel Agents Act was enacted in? - Answer-1974 Ontario's Travel industry act was established in? - Answer-1974 British Columbia's Travel Agents Registration Act was enacted in? - Answer-1977 Ontari...

TICO Module 4 Exam Answers(All You Need To Pass) 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 agen...