Module 2 TICO Exam Questions & Answers 100% Correct!!

Ontario travel industry act 2002, sets down the rules? - ANSWERUnder which travel retailers and travel wholesalers must operate in Ontario Ontario Regulation 26/05 - ANSWERSets out the procedural rules for registration and outlines registration procedures Quebec's Travel Agents Act was enacted in? - ANSWER1974 Ontario's Travel industry act was established in? - ANSWER1974 British Columbia's Travel Agents Registration Act was enacted in? - ANSWER1977 Ontario uses six mechanisms to protect consumers - ANSWER1) a registration system 2) posting of security 3) a compensation fund 4)trust accounting 5) truth in advertising 6) supervision/educational requirements The registration and inspection of travel business in Ontario is conducted by? - ANSWERThe Travel Industry Council of Ontario The Travel Industry Act, 2002 defines travel agent as - ANSWERA person who sells travel services provided by another person. The Travel Industry Compensation Fund applies to - ANSWERAnyone from any other provinces who purchases travel from an Ontario agency Non-registrant - ANSWERAn organization or individual that sells or supplied travel services but is not registered in Ontario. Registrar - ANSWERThe TICO Board of Directors appoints as Registrar to carry out its administrative and regulatory functions.