TICO EXAM ACTUAL EXAM AND PRACTICE EXAM QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A+
1 view 0 purchase
Course
TICO 2024
Institution
TICO 2024
TICO EXAM ACTUAL EXAM AND PRACTICE EXAM
QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY
GRADED A+..According to the Travel Industry Act, 2002, a travel retailer does NOT have to inform a
customer before booking
a) That conditions at the destination may be different from those in Canada
b) ...
TICO EXAM 2024-2025 ACTUAL EXAM AND PRACTICE EXAM
QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY
GRADED A+
According to the Travel Industry Act, 2002, a travel retailer does NOT have to inform a
customer before booking
a) That conditions at the destination may be different from those in Canada
b) The total price of the travel services, including all taxes and service charges
c) That a counselling fee is applied by the retailer
d) That some days can be cloudy, even in a sun destination - ANSWER----d) That some
days can be cloudy, even in a sun destination
Sally Smith belongs to a travel program. She saves up her points for two years until she has
enough for a vacation package at a sun destination. The travel wholesaler noted in the brochure
that the trip was valued at $2,500.00. After Sally transfers the points to the travel wholesaler, the
wholesaler declares bankruptcy.
Sally files a claim on the Travel Industry Compensation Fund for $2,500.00. Would her claim be
eligible for reimbursement?
a) Yes, because it is based on the stated value of the trip
b) No, because Sally did not actually pay money for the trip
c) Yes, because air points are commonly used and have a monetary value
d) No, because travel wholesalers are not covered by the Compensation Fund - ANSWER---
-b) No, because Sally did not pay money for her trip
TICO lays charges after discovering that a man has been selling travel services without being a
registrant or an employee of a registrant. When the man sees his name in the newspaper, he
A+ Page 1
,Created By: A Solution
threatens to take legal action against TICO for violating his privacy. He will lose the case
because?
a) Ontario Regulation 26/05 provides that TICO's Registrar must make these details
available to the public
b) The Ministry of Public and Business Service Delivery lays charges against illegal sellers
of travel, not TICO
c) No law says a person has to be registered to sell travel services in Ontario
d) Ontario Regulation 26/05 specifically states that no one can take legal action against
TICO - ANSWER----Ontario Regulation 26/05 provides that TICO's Registrar must make these
details available to the public
Who is the Statutory Director appointed by?
a) The Registrar
b) The Minister of Public and Business Service Delivery
c) The TICO Board of Directors
d) The Premier of Ontario - ANSWER----c) The TICO board of Directors
A couple gives their travel counsellor a deposit for a package tour. They obtain a receipt from
her that says, "Balance of $500.00 due on September 27, 2022." The counsellor has also added
the comment, "As discussed, some charges are non- refundable." TICO would view this receipt
as:
a) Adequate because the receipt includes the amount due, the date on which it is due, and
the fact that some charges are non-refundable
b) Adequate because the travel counsellor has reminded the customers that the non-
refundable charges were discussed during the sale of the package tour
c) Inadequate because, by law, the travel counsellor should have said, "As discussed on
August 27, 2022, some charges are not refundable."
A+ Page 2
, Created By: A Solution
d) Inadequate because, by law, the travel counsellor must identify charges that are non-
refundable - ANSWER----d) Inadequate because, by law, the travel counsellor must identify
charges that are non-refundable
Which of the following is NOT part of the Travel Industry Compensation Fund?
a) Contributions from registrants
b) Contributions from consumers
c) Recoveries of money paid from the Compensation Fund
d) Income earned on the money in the Compensation Fund - ANSWER----b) Contributions
from consumers
The administration of the Travel Industry Act, 2002 was delegated to TICO by the:
a) Federal government
b) Travel industry
c) Global Affairs Canada
d) Ontario provincial government - ANSWER----d) Ontario provincial government
Fatima, the travel counsellor, concludes the sale with the customers and tells them to go to
Global Affairs Canada website to find out what documents they need. She thinks that Canadians
may need a visa for the chosen destination, but she does not have the website on hand. Fatima's
advice is:
a) Sufficient because a travel counsellor need only advise customers where to find
information on travel documentation
b) Insufficient because a travel counsellor must advise customers about the specific travel
documents needed
c) Sufficient because the customers chose the destination, so it is up to them to research the
details
A+ Page 3
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 ASolution. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
