Tico module 1 - Study guides, Class notes & Summaries

TICO Module 4 What are the four main obligations that a registrant must meet after a sale but before the client departs on the trip? ANSWER-invoicing requirements, requirements to inform customers of any changes that might affect their purchase, requirements to verify travel wholesaler documents, requirements for a travel wholesaler to provide travel services Section 38(1) of the Regulation ANSWER-After making a sale, a travel agent must promptly issue the customer a statement, invoice...

Module 1 for TICO

Module 1 for TICO

TICO Module 2 Questions and Answers 100% Pass Why is travel legislation needed? A number of common travel problems can result from the actions or arrangements that travel suppliers make. Travel agents - even if they do not cause the above problems - may have to deal with the fallout from them. An Act: describes a particular set of rules. A regulation: in support of an Act describes how the rules will be enforced or applied. Does TICO register individuals? No, TICO does not. What are travel a...

TICO's Role in the Travel Industry Module 1 questions and answers

TICO Module 1 question with 100% correct answers 2023Ontario Travel Industry Act - correct answer Sets down the rules under which travel retailers and travel wholesalers must operate in Ontario Ontario Regulation 26/05 - correct answer Sets out the requirements for how the rules will be enforced Ministry of Consumer Services - correct answer Provincial Government Body responsible for the Travel Industry Act and Ontario Regulations 26/05 The Ministry delegated responsibility for administer...

Module 1 question with complete solution rated A+ 2023TICO's Mandate - correct answer On June 25, 1997, the Ontario government delegated the administration of the Travel Industry Act to the TICO. TICO also assumed responsibility for the industry-financed Travel Industry Compensation Fund. The Act governs travel retailers and wholesalers registered in Ontario. The Travel Industry Compensa-tion Fund (or, simply, Compen- sation Fund) - correct answer refunds (fully or in part) eligible consum...

TICO - Module 1