Tico final exam Study guides, Class notes & Summaries

TICO Module 5 Exam 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...

TICO FINAL EXAM with Correct Solutions – Already Passed A+ TICO is funded by a. the Ontario government b. consumers c. Ontario registrants d. the Canadian travel industry -ANS- 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 -ANS- a. they are aware ...

TICO Module 3 Exam Questions With Complete Solution Representation - CORRECT ANSWER a presentation of fact made in person, electronically, or in print in order to induce someone to act or enter into a contract. Examples of representations include: - CORRECT ANSWER oral presentations, advertisements, brochures, and websites. Section 31 of the Regulation - CORRECT ANSWER Registrants must ensure that any representations made on their behalf comply with the Act and Regulation....