Travel wholesaler - Study guides, Class notes & Summaries
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TICO Practice Exam 2023 with Complete Solutions
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TICO is funded by 
 a. the Ontario government 
 b. consumers 
 c. Ontario registrants 
 d. the Canadian travel industry - ANSWER-c. Ontario registrants 
 
TICO works with consumers to ensure that 
a. they are aware of their rights under the Travel Industry Act, 2002 
b. they take their vacations in Ontario 
c. the travel industry is promoted to consumers 
d. consumers receive the lowest price from travel agents - ANSWER-a. they are aware of their rights under the Travel Industry Act, 2002 
 
TIC...
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TRT1602 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024 (613445) - DUE 15 April 2024
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TRT1602 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024 (613445) - DUE 15 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9.......... Question 
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QUIZ 
Travelstart is an example of a travel wholesaler. 
True 
False 
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0:57:47 
TRT1602-24-S1 
Welcome to TRT1602 
Assessment 3 
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Because of the digital revolution there are n...
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TICO EXAM QUESTIONS WITH CORRECT ANSWERS
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TICO EXAM QUESTIONS WITH CORRECT ANSWERS 
Which one of the following circumstances would NOT result in the travel retailer having to offer the customer a full refund or comparable alternative travel services? 
a) Where a contract permits a price increase, the cumulative increase is more than 7% of the total price (excluding increases caused by an increase in the PST, GST or HST) 
b) Where the scheduled departure of any transportation is delayed or advanced by 12 hours or less 
c) Where the cont...
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TICO TEST SAMPLE
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TICO TEST SAMPLE 
 
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 ...
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TICO - Module 5 questions with correct answers
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Purpose of the travel Industry compensation Fund CORRECT ANSWER 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 ANSWER "Compensation Fund" 
 
Consumers do not have to live in Ontario to be covered by the Fund...
Too much month left at the end of the money?
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TICO Module 5 questions with correct answers
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Section 52 of the Regulation CORRECT 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 : CORRECT 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: CORRECT AN...
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TICO TEST SAMPLE questions with correct answers
- Exam (elaborations) • 13 pages • 2023
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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 TEST SAMPLE 2024 QUESTIONS WITH COMPLETE SOLUTIONS PASSED AND VERIFIED
- Exam (elaborations) • 14 pages • 2024
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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 ...
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TICO Exam Review
- Exam (elaborations) • 19 pages • 2024
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TICO Exam Review 
 
Who is TICO funded by? - Ontario Registrants 
 
TICO works with consumers to ensure that..... - They are aware of their rights under the 
travel industry act 2002 
 
what 3 groups work with TICO to carry out its mandate? - The travel industry, the Provincial 
goverment, consumers 
 
describe the Ontario Travel industry act, 2002 - they set down the rules under which travel 
retainers and travel wholesalers must operate in ontario 
 
who conducts the registration and inspectio...
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TICO TEST Questions With Correct Solutions 100% 2024.
- Exam (elaborations) • 10 pages • 2024
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In representations is it required to show the price including GST/PST?No - Answer No, the total amount to be paid for travel services 
 
A regulation in support of an Act describes... - 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? - Answer Registrant's business name, address and registration number 
 
Contributions to the Compensation Fund by registra...
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