Tico module 3 correct - Study guides, Class notes & Summaries

Module 3 TICO Question and answer 100% correct 2023Representation Is a presentation of fact made in person electronically or in print in order to induce someone to act or enter into a contract. Prices must reflect the total amount to be paid for the travel services. This amount can be shown in three ways. Total price, including all fees, levies, service charges, and surcharges. A base price plus a total for all fees, levies, service charge or surcharges. Base price plus itemized ...

TICO Module(s) 1-2 | Questions with 100% Correct Answers | Verified When was the Travel Industry Act, created? - answer1974 Government downloaded the responsibility to the Travel industry but still keeps a hand through which Ministry - answerMinistry of Consumer Services What year was TICO created? - answer1997 TICO reports to the _____ _____ of _____ _____ - answerProvincial Ministry of Consumer Services TICO works with three groups - answerConsumers, Travel Industry, and the Government...

representation - ANSWERSa 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: - ANSWERSoral presentations, advertisements, brochures, and websites. Section 31 of the Regulation - ANSWERSRegistrants must ensure that any representations made on their behalf comply with the Act and Regulation. Therefore, all registrants must understand what is acceptable under the legislation. Writ...

TICO Module #5 What makes up the Fund? - Correct answer-Contributions made by registrants Any money borrowed under this or an earlier Regulation Recoveries of money paid from the Fund Income earned on the money in the Fund. What circumstances must the registrant reimburse the Fund for any claims paid to the registrant's client? - Correct answer-Registrant is bankrupt or insolvent or has ceased to carry on business Registrant purchased travel services on the clients behalf, extending cre...

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. Therefore, all registrants must understand what is acceptable under ...

TICO Module 1, 2, and 3 Test Q&A with Correct Answers 2023 Passed In representations is it required to show the price including GST/PST?No *ANS* No, the total amount to be paid for travel services A regulation in support of an Act describes... *ANS* 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? *ANS* Registrant's business name, address and registration number...

TICO Module #5 Questions With complete Solution What makes up the Fund? - CORRECT ANSWER Contributions made by registrants Any money borrowed under this or an earlier Regulation Recoveries of money paid from the Fund Income earned on the money in the Fund. What circumstances must the registrant reimburse the Fund for any claims paid to the registrant's client? - CORRECT ANSWER Registrant is bankrupt or insolvent or has ceased to carry on business Registrant purchased travel se...

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....