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TICO EXAM -TRAVEL INDUSTRY COUNCIL OF ONTARIO | VERIFIED QUESTIONS & WELL DETAILED CORRECT ANSWERS | A+ GRADED | LATEST 2026/2027 EDITION

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TICO EXAM -TRAVEL INDUSTRY COUNCIL OF ONTARIO | VERIFIED QUESTIONS & WELL DETAILED CORRECT ANSWERS | A+ GRADED | LATEST 2026/2027 EDITION

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The phrase "to promote a fair and informed marketplace where consumers can be

Confident of their travel purchases" is the

A. Mission statement of the Ministry of Consumer Services

B. Mission statement of TICO

C. Vision statement of TICO

D. Purpose of the Travel Industry Act, 2002

ANSWER

B



The administration of the Travel Industry Act, 2002 was delegated to TICO by the

A. Federal government

B. Travel industry

C. Ministry of Consumer and Corporate Affairs

D. Ontario provincial government

ANSWER

D



The best description of Ontario's Travel Industry Act, 2002 is that it

A. Outlines the rights of consumers

B. Sets down the rules under which travel retailers and travel wholesalers must

Operate in Ontario

C. Goes into detail to explain the content of the related regulations

D. Provides guidelines to travel retailers and travel wholesalers about what

Must be included in vacation packages


1

, ANSWER

B



TICO lays charges after discovering that a man has been selling travel services

Without being a registrant or an employee in a registrant's agency or office. When

The man sees his name in the newspaper, he threatens to take legal action against

TICO for violating his privacy. He will lose the case because

A. Ontario Regulation 26/05 provides that TICO's Registrar must make these

Details available to the public

B. The Ministry of Consumer Services lays charges against illegal sellers of

Travel, not TICO

C. No law says a person has to be registered to sell travel services in Ontario

D. Ontario Regulation 26/05 specifically states that no one can take legal action

Against TICO

ANSWER

A



TICO works with which three groups to carry out its mandate

A. Consumers, travel retailers, the federal government

B. Travel retailers, travel wholesalers and consumers

C. The travel industry, the provincial government and consumers

D. Suppliers, travel agents and consumers

ANSWER

C



Who is the Statutory Director appointed by?

A. The Registrar



2

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