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TICO Module 5

TICO Module 1 Exam With 100% Correct And Verified Answers

TICO Module 5

TICO Module 5 | 116 Questions and Answers {100% Verified} {2023-2024}

Section 52 of the Regulation correct answersPurpose 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 answersprotect 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 eligible to: correct an...

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TICO Module 5

What problems may result from the acctions/arrangements that travel suppliers make? CORRECT ANSWER Physical Injuries Delays & Cancellations Overbooking Discrimination Lost, Damaged or Stolen Baggage Misrepresentation concerning Transportation, Accommodation, Tours and other services. What 6 mechanisms does Ontario use to protect their customers? CORRECT ANSWER Registration System Posting of Security Compensation Fund Trust Accounting Truth in Advertising Supervision/Educational Req...

TICO Module 5

representation correct answers 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 answers oral presentations, advertisements, brochures, and websites. Section 31 of the Regulation correct answers 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 the...