Tico module one exam - Study guides, Class notes & Summaries

June 25, 1997 Correct Answer The ON government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario. TICO Correct Answer Travel Industry Council of Ontario TIA Correct Answer Travel Industry Act Travel Industry Compensation Fund Correct Answer Refunds (fully or in part) eligible consumers who bought travel services from an Ontario-registered travel agency but did not receive them because of the bankruptcy or insolvency of a registrant or an a...

TICO Module One Exam Questions And Answers All Correct June 25, 1997 - ANSWER The ON government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario. TICO - ANSWER Travel Industry Council of Ontario TIA - ANSWER Travel Industry Act Travel Industry Compensation Fund - ANSWER Refunds (fully or in part) eligible consumers who bought travel services from an Ontario-registered travel agency but did not receive the...

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 Module 4 Exam Questions And Answers 2023 Solution 100% Verified Correct What are the four main obligations that a registrant must meet after a sale but before the client departs on the trip? - CORRECT ANS -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 - CORRECT ANS -After making...

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 Module One Exam Questions With Complete Solutions June 25, 1997 - CORRECT ANSWER The ON government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario. TICO - CORRECT ANSWER Travel Industry Council of Ontario TIA - CORRECT ANSWER Travel Industry Act Travel Industry Compensation Fund - CORRECT ANSWER Refunds (fully or in part) eligible consumers who bought travel services from an Ontario-registered ...

TICO Module 4 Exam Answers(All You Need To Pass) 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 agen...