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Exam (elaborations)

TICO TEST SAMPLE Exam Questions and Answers with Verified Solutions | Latest Updated 2026

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TICO TEST SAMPLE Exam Questions and Answers with Verified Solutions | Latest Updated 2026

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TICO TEST SAMPLE Exam Questions and
Answers with Verified Solutions | Latest
Updated 2026



In representations is it required to No, the total amount to be paid for travel
show the price including services
GST/PST?
No


A regulation in support of an Act How the rules will be enforced or applied
describes...


A representation displayed on a Registrant's business name, address and
billboard or bus board or any other registration number
medium with time or space
limitation
is NOT required to include?


Contributions to the Compensation Twice a year (at a six-month interval)
Fund by registrants must be made

,A client buys a vacation package June 1 (14 days before departure)
from ABC Tours on May 1. The
departure date is June 15. ABC
Tours
pays the travel wholesaler on May
8.
On which date must the travel
wholesaler produce the tickets,
vouchers, itinerary, and other
related
documents for the travel agent?


Define Travel Agent: A person who sells, to consumers, travel
services
provided by another person


All newspaper advertisements Business name, address, and TICO
must registration
include the following information: number


According to the Travel Industry That some days can be cloudy, even in a
Act, sun
2002, a travel agent does NOT destination
have
to inform a client before booking...

, Sally Rosa purchases a package Yes, because the Fund will cover only the
tour value of
from ABC agency that includes a the unused portion of the original ticket
return business flight. The airline
end
supplier becomes bankrupt during
Sally's trip and she is stranded at
the
destination. She purchases a
business class flight home and
then
makes a claim on the
Compensation
Fund. Will her claim for
reimbursement of the flight home
be
successful?


T/F: The Fund will NOT reimburse True
travel agents for any commissions,
any service charge owing on the
travel services purchased by the
customer, or travel services
purchased through an Alberta
travel
agency


The best description of Ontario's Sets down the rules under which travel
Travel Industry Act, 2002, is that retailers
it... and travel wholesalers must operate in
Ontario

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