TICO Review Exam questions and answers with complete solutions

Who is TICO funded by? - Correct answer-Ontario Registrants TICO works with consumers to ensure that..... - Correct answer-They are aware of their rights under the travel industry act 2002 what 3 groups work with TICO to carry out its mandate? - Correct answer-The travel industry, the Provincial goverment, consumers describe the Ontario Travel industry act, 2002 - Correct answer-they set down the rules under which travel retainers and travel wholesalers must operate in ontario who conducts the registration and inspection of travel businesses in ontario? - Correct answer-TICO what does TICO stand for? - Correct answer-Travel Industry Council of Ontario what does the travel industry act of ontario define a travel agent as? - Correct answer-a person who sells travel services provided by another person who does the compensation fund apply to? - Correct answer-any one that purchases from a registered agency in ontario would the compensation fund apply to a manitoba conumer who purchases from a local agency that has a branch agency in Ontario - Correct answer-no true or false before counselling or advising a travel agent must inform the client of any counselling fee charged - Correct answer-true does the travel agent have to show a picture of the travel services being sold? - Correct answer-no what does the term 'Representation' in the 2002 travel industry act refer to? - Correct answer-presentations of any type, including oral, print and electronic in cases where the Registrar issues a false advertising order because a registrant's advertising violates the Act, when does the order take effect? - Correct answerimmediately true or false according to the travel industry act 2002 the travel agent does not have to inform a client before booking that some days can be cloudy even in a sun destination? - Correct answer-true