Tico stuvia Study guides, Class notes & Summaries
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TICO Module 4 Exam 100% Correct.
- Exam (elaborations) • 4 pages • 2024
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What are the four main obligations that a registrant must meet after a sale but before the client departs on the trip? - ANSWERinvoicing 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 - ANSWERAfter making a sale, a travel agent must promptly issue the customer a statement, invoice, or receipt. 
 
A ...
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TICO review Correct Questions & Answers 100% Correct(GRADED A+)
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Who is TICO funded by? - ANSWERSOntario Registrants 
 
TICO works with consumers to ensure that..... - ANSWERSThey are aware of their rights under the travel industry act 2002 
 
what 3 groups work with TICO to carry out its mandate? - ANSWERSThe travel industry, the Provincial goverment, consumers 
 
describe the Ontario Travel industry act, 2002 - ANSWERSthey set down the rules under which travel retainers and travel wholesalers must operate in ontario 
 
who conducts the registration and insp...
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Module 1 for TICO Exam 2024-2025 Questions & Answers 100% Correct.
- Exam (elaborations) • 2 pages • 2024
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Tico - ANSWERIs a not for profit corporation that regulates, and is financed by the retail and wholesale travel community 
 
On June 25, 1995 - ANSWERThe government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario 
 
What does TICO stands for - ANSWERTravel Industry Council of Ontario 
 
TICO is also responsible for - ANSWERIndustry financed Travel Industry Compensation Fund. The act governs travel retailers and wholesales registered in Ontario. 
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Tico Exam 2024-2025 Questions & Answers 100% Correct!!
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the phrase to promote a fair and informed marketplace where consumers can be confident in their travel purchases is the... - ANSWERmission statement of TICO 
 
The administration of the travel industry act, 2002 was delegated to TICO by the - ANSWERontario provincial government 
 
TICO works with which three groups to carry out its mandate - ANSWERthe travel industry, the provincial government, consumer 
 
the best description of ontario travel industry act of 2002 is - ANSWERsets down the rules...
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Module 2 TICO Exam 2024-2025 Questions & Answers 100% Correct!!
- Exam (elaborations) • 2 pages • 2024
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Ontario travel industry act 2002, sets down the rules? - ANSWERUnder which travel retailers and travel wholesalers must operate in Ontario 
 
Ontario Regulation 26/05 - ANSWERSets out the procedural rules for registration and outlines registration procedures 
 
Quebec's Travel Agents Act was enacted in? - ANSWER1974 
 
Ontario's Travel industry act was established in? - ANSWER1974 
 
British Columbia's Travel Agents Registration Act was enacted in? - ANSWER1977 
 
Ontario uses six mechanisms ...
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TICO chapter 6 Exam Questions & Answers 100% Correct!!
- Exam (elaborations) • 2 pages • 2024
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Which item takes precedence over other claims on the travel industry compensation fund? Payments for... 
a) immediate departure 
b) trip interruption 
c) trip completion 
d) a major event - ANSWERtrip completion 
 
Joe Smith purchases a package tour from ABC Agency that includes a return economy flight, the airline end supplier becomes bankrupt during Joe's trip and he is stranded at the destination. He purchases a business class flight home and then makes a claim on the compensation fund f...
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Module 2 TICO Exam 2024-2025 Questions And Answers 100% Correct
- Exam (elaborations) • 2 pages • 2024
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Ontario travel industry act 2002, sets down the rules? - ANSWERUnder which travel retailers and travel wholesalers must operate in Ontario 
 
Ontario Regulation 26/05 - ANSWERSets out the procedural rules for registration and outlines registration procedures 
 
Quebec's Travel Agents Act was enacted in? - ANSWER1974 
 
Ontario's Travel industry act was established in? - ANSWER1974 
 
British Columbia's Travel Agents Registration Act was enacted in? - ANSWER1977 
 
Ontario uses six mechanisms ...
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TICO chapter 6 Exam Questions And Answers 100% Correct
- Exam (elaborations) • 2 pages • 2024
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Which item takes precedence over other claims on the travel industry compensation fund? Payments for... 
a) immediate departure 
b) trip interruption 
c) trip completion 
d) a major event - ANSWERtrip completion 
 
Joe Smith purchases a package tour from ABC Agency that includes a return economy flight, the airline end supplier becomes bankrupt during Joe's trip and he is stranded at the destination. He purchases a business class flight home and then makes a claim on the compensation fund f...
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Module 1 for TICO Questions and Answers (Graded A+)
- Exam (elaborations) • 2 pages • 2023
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Tico - ANSWER-Is a not for profit corporation that regulates, and is financed by the retail and wholesale travel community 
 
On June 25, 1995 - ANSWER-The government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario 
 
What does TICO stands for - ANSWER-Travel Industry Council of Ontario 
 
TICO is also responsible for - ANSWER-Industry financed Travel Industry Compensation Fund. The act governs travel retailers and wholesales registered in Ontari...
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TICO 2023 Supervisor/ Manager Exam Questions and Answers ( 100%Verified Answers)
- Exam (elaborations) • 6 pages • 2023
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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 providing a type of 
travel serv...
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