TICO Module 3 exam 2023 with 100% correct answers
representation correct answersa 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 answersoral presentations, advertisements, brochures, and websites. Section 31 of the Regulation correct answersRegistrants 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 correct answersexamples 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 correct answers(for example, a sales presentation) do not have to include the registrant's business name, address, and registration number Time and space limitations apply to: correct answersA representation displayed on a billboard or bus board or made through any other medium with similar time or space limitations Time and space limitations are not required to: correct answersinclude a registrant's business name, address, and registration number. Registrants should not assume that something is a limited medium unless: correct answersTICO has specifically stated that the medium has time or space limitations. For all forms of representation, any statement made about price must be: correct answersclear, comprehensible, and prominent
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- TICO Module 3
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