TRAVEL INDUSTRY COUNCIL OF
ONTARIO (TICO) FINAL EXAM AND
PRACTICE EXAM QUESTIONS 2025
ACTUAL EXAM COMPLETE EXAM
QUESTIONS WITH DETAILED
VERIFIED ANSWERS /ALREADY
GRADED A+ // BRAND NEW!!
A consumer makes a claim against the Travel Industry
Compensation Fund and the TICO Board accepts the
claim. What is the maximum amount payable?
a. $5,000 per person
b. $5,000 per claim
c. depends on the cost, value, or quality of the travel
services purchased
d. a calculation of $5 million evenly divided by the
number of claims - ....ANSWER...a. $5,000 per person
A man has violated the Travel Industry Act, 2002 by
providing services as a travel agent without actually
,being registered. As a result of his conviction, the
penalty could be
a. a fine of not more than $50,000
b. imprisonment for a term of not more than two years
less a day
c. a fine of not more than $250,000
d. both a fine of not more than $50,000 and
imprisonment for a term of not more than two years less
a day - ....ANSWER...d. both a fine of not more than
$50,000 and imprisonment for a term of not more than
two years less a day
The time limit for prosecuting offences under the Travel
Industry Act, 2002 is no more than ___________ after
the Director first becomes aware of the facts on which
the proceeding is based. Fill in the blank with the
correct answer from the following:
a. six months
b. one year
c. two years
d. five years - ....ANSWER...c. two years
The landlord of the building where ABC Travel is
located is planning a major renovation. ABC Travel is
,forced to find another location until the renovation is
completed. What is ABC Travel's duty as far as TICO is
concerned?
a. the agency must inform TICO at least five days
before the move
b. the agency need not inform TICO, because the move
is only a temporary one
c. the agency need not inform TICO as long as the
agency changes its phone message and puts a note on the
door of its main premises to alert customers of the
temporary relocation
d. the agency must inform TICO within a reasonable
time of the move, even though it is only a temporary
relocation - ....ANSWER...a. the agency must inform
TICO at least five days before the move
Joe and Sally are originally from Sudbury, but now live
in Windsor. They depart from Toronto for a round-trip
vacation package to Europe. When the supplier declares
bankruptcy, Joe and Sally are stranded overseas. Under
the trip completion provision in Ontario Regulation
26/05, where can Joe and Sally be returned, assuming
that costs for each destination are approximately the
same?
, a. Toronto
b. Toronto or Windsor
c. Windsor
d. Sudbury - ....ANSWER...b. Toronto or Windsor
Joe Smith is a travel agent with ABC Travel. He went
out of his way to ensure that all the travel arrangements
for Dorothy and David Black were "perfect." The couple
paid ABC Travel and then ABC Travel forwarded the
funds to the travel wholesaler. When the travel
wholesaler declared bankruptcy and the Blacks' trip was
ruined, Joe Smith made a claim on the Travel Industry
Compensation Fund for the $75.00 service fee he charged
as a destination specialist.
What will TICO do?
a. accept the claim because Joe dealt with the suppliers
in good faith and the service fee was
part of the travel service package
b. refuse the claim because the Compensation Fund does
not cover service fees
c. accept the claim because the Compensation Fund
covers service fees
d. refuse the claim because it was illegal for Joe to
charge a service fee in the first place - ....ANSWER...b.
ONTARIO (TICO) FINAL EXAM AND
PRACTICE EXAM QUESTIONS 2025
ACTUAL EXAM COMPLETE EXAM
QUESTIONS WITH DETAILED
VERIFIED ANSWERS /ALREADY
GRADED A+ // BRAND NEW!!
A consumer makes a claim against the Travel Industry
Compensation Fund and the TICO Board accepts the
claim. What is the maximum amount payable?
a. $5,000 per person
b. $5,000 per claim
c. depends on the cost, value, or quality of the travel
services purchased
d. a calculation of $5 million evenly divided by the
number of claims - ....ANSWER...a. $5,000 per person
A man has violated the Travel Industry Act, 2002 by
providing services as a travel agent without actually
,being registered. As a result of his conviction, the
penalty could be
a. a fine of not more than $50,000
b. imprisonment for a term of not more than two years
less a day
c. a fine of not more than $250,000
d. both a fine of not more than $50,000 and
imprisonment for a term of not more than two years less
a day - ....ANSWER...d. both a fine of not more than
$50,000 and imprisonment for a term of not more than
two years less a day
The time limit for prosecuting offences under the Travel
Industry Act, 2002 is no more than ___________ after
the Director first becomes aware of the facts on which
the proceeding is based. Fill in the blank with the
correct answer from the following:
a. six months
b. one year
c. two years
d. five years - ....ANSWER...c. two years
The landlord of the building where ABC Travel is
located is planning a major renovation. ABC Travel is
,forced to find another location until the renovation is
completed. What is ABC Travel's duty as far as TICO is
concerned?
a. the agency must inform TICO at least five days
before the move
b. the agency need not inform TICO, because the move
is only a temporary one
c. the agency need not inform TICO as long as the
agency changes its phone message and puts a note on the
door of its main premises to alert customers of the
temporary relocation
d. the agency must inform TICO within a reasonable
time of the move, even though it is only a temporary
relocation - ....ANSWER...a. the agency must inform
TICO at least five days before the move
Joe and Sally are originally from Sudbury, but now live
in Windsor. They depart from Toronto for a round-trip
vacation package to Europe. When the supplier declares
bankruptcy, Joe and Sally are stranded overseas. Under
the trip completion provision in Ontario Regulation
26/05, where can Joe and Sally be returned, assuming
that costs for each destination are approximately the
same?
, a. Toronto
b. Toronto or Windsor
c. Windsor
d. Sudbury - ....ANSWER...b. Toronto or Windsor
Joe Smith is a travel agent with ABC Travel. He went
out of his way to ensure that all the travel arrangements
for Dorothy and David Black were "perfect." The couple
paid ABC Travel and then ABC Travel forwarded the
funds to the travel wholesaler. When the travel
wholesaler declared bankruptcy and the Blacks' trip was
ruined, Joe Smith made a claim on the Travel Industry
Compensation Fund for the $75.00 service fee he charged
as a destination specialist.
What will TICO do?
a. accept the claim because Joe dealt with the suppliers
in good faith and the service fee was
part of the travel service package
b. refuse the claim because the Compensation Fund does
not cover service fees
c. accept the claim because the Compensation Fund
covers service fees
d. refuse the claim because it was illegal for Joe to
charge a service fee in the first place - ....ANSWER...b.
