TICO Module 3 Exam Questions and Answers
with Verified Solutions | Latest Updated 2026
representation 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 oral presentations, advertisements,
include: brochures, and
websites.
Section 31 of the Regulation 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
legislation.
Written representations obligations examples such as newspaper
advertisements,
brochures, or websites, must contain the
registrant's business name, address, and
registration number. Residential phone
numbers
should not be included in written
representations.
, Oral representations obligations (for example, a sales presentation) do not
have to
include the registrant's business name,
address, and
registration number
Time and space limitations apply A representation displayed on a billboard
to: or bus
board or made through any other medium
with
similar time or space limitations
Time and space limitations are not include a registrant's business name,
required to: address, and
registration number.
Registrants should not assume TICO has specifically stated that the
that medium has
something is a limited medium time or space limitations.
unless:
For all forms of representation, clear, comprehensible, and prominent
any
statement made about price must
be:
with Verified Solutions | Latest Updated 2026
representation 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 oral presentations, advertisements,
include: brochures, and
websites.
Section 31 of the Regulation 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
legislation.
Written representations obligations examples such as newspaper
advertisements,
brochures, or websites, must contain the
registrant's business name, address, and
registration number. Residential phone
numbers
should not be included in written
representations.
, Oral representations obligations (for example, a sales presentation) do not
have to
include the registrant's business name,
address, and
registration number
Time and space limitations apply A representation displayed on a billboard
to: or bus
board or made through any other medium
with
similar time or space limitations
Time and space limitations are not include a registrant's business name,
required to: address, and
registration number.
Registrants should not assume TICO has specifically stated that the
that medium has
something is a limited medium time or space limitations.
unless:
For all forms of representation, clear, comprehensible, and prominent
any
statement made about price must
be:
