100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
TICO review questions and answers $10.49   Add to cart

Exam (elaborations)

TICO review questions and answers

 3 views  0 purchase
  • Course
  • Institution

TICO review questions and answers

Preview 2 out of 11  pages

  • July 3, 2024
  • 11
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
TICO review
a client buys a vacation from a travel agency on may 1st. they are leaving on june
15. ABC tours pays the travel wholesaler on May 8. On Which date must the travel
wholesaler produce the tickets, vouchers, itinerary and other related documents for
the travel agent? - correct answer-june 1st

a couple paid their travel agency and then they forwarded the funds to the travel
wholesaler. when the travel wholesaler declared bankruptcy and the trip was ruined,
they made a claim to the Travel Industry Compensation Fund for thr $75.00 service
fee he charged as a destination specialist. will tico accept the claim? - correct
answer-they will refuse the claim because the compensation fund does not cover
service fees

according to the travel industry act of ontario, a travel agent who sells travel services
to a customer must do what? - correct answer-- Advise the customer of trip
cancellation insurance and out of province health insurance
- disclose price, conditions, dates
- tell them about proper documentation

an agency is promoting a resort on its website. they included a drawing of the resort.
would TICO approve of this? - correct answer-yes, as long as the drawing is
accurate and the representation states that the drawing is not a photograph

as of april 1, 2017 how much did travel agents and wholesalers have to pay into the
compensation fund - correct answer-$0.25 per $1000 in sales

as of july 1, 2016 how much did travel agents and wholesalers have to pay into the
compensation fund? - correct answer-$0.20 per $1000 in sales

before may 1, 2013 how much did travel agents and wholesalers have to pay into the
compensation fund? - correct answer-$0.05 per $1000 in sales

can a travel agent tell part of the group about the travel documents needed for their
trip? - correct answer-they have to tell each client

could a client claim insurance premiums on the claim form for the travel industry
compensation fund? - correct answer-no

could a client claim taxes paid on the travel services on the claim form for the travel
industry compensation fund? - correct answer-yes

, describe the Ontario Travel industry act, 2002 - correct answer-they set down the
rules under which travel retainers and travel wholesalers must operate in ontario

does the compensation fund cover service fees? - correct answer-no

does the travel agent have to show a picture of the travel services being sold? -
correct answer-no

for a customer that did start their trip how long do they have to make a claim on the
compensation fund? - correct answer-within 3 months of the registrant's or end
supplier's failure

for a customer that never started their trip how long do they have to make a claim on
the Compensation Fund? - correct answer-within 6 months of the registrant's or end
supplier's failure

how many days before departure does the travel agent have to produce the
ticketing? - correct answer-14 days before

how many days before the trip must the travel agent receive the tickets for the
customers? - correct answer-14 days before departure

if a consumer makes a claim against the Travel Compensation Fund and the TICO
Board accepts the claim, what is the maximum amount payable? - correct
answer-$5,000 per person

in cases where the Registrar issues a false advertising order because a registrant's
advertising violates the Act, when does the order take effect? - correct
answer-immediately

in cases where the registrar issues a false advertizing order because a registrant's
advertizing violates the act, when does the order take effect? - correct
answer-Immediately

in order to make changes to the travel industry act of ontario revisions would have to
be passes by the Ontario Legislature, whereas the Regulations can be changes on
the authority of the Minister of Goverment Services or the Lieutenant Governor in
Council - correct answer-True

joe buys travel services from an agency. joe may be entitles to a full refund or a
comparible alternative travel services if the flight is delayed by.... - correct answer-25
hours if it not because of weather

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller EXAMQA. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73243 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.49
  • (0)
  Add to cart