TICO TEST SAMPLE EXAM 2023 WITH 100% CORRECT ANSWERS

In representations is it required to show the price including GST/PST?No No, the total amount to be paid for travel services A regulation in support of an Act describes... How the rules will be enforced or applied A representation displayed on a billboard or bus board or any other medium with time or space limitation is NOT required to include? Registrant's business name, address and registration number Contributions to the Compensation Fund by registrants must be made Twice a year (at a six-month interval) A client buys a vacation package from ABC Tours on May 1. The departure date is June 15. ABC Tours pays the travel wholesaler on May 8. On which date must the travel wholesaler produce the tickets, vouchers, itinerary, and other related documents for the travel agent? June 1 (14 days before departure) Define Travel Agent: A person who sells, to consumers, travel services provided by another person All newspaper advertisements must include the following information: Business name, address, and TICO registration number According to the Travel Industry Act, 2002, a travel agent does NOT have to inform a client before booking... That some days can be cloudy, even in a sun destination Sally Rosa purchases a package tour from ABC agency that includes a return business flight. The airline end supplier becomes bankrupt during Sally's trip and she is stranded at the destination. She purchases a business class flight home and then makes a claim on the Compensation Fund. Will her claim for reimbursement of the flight home be successful? Yes, because the Fund will cover only the value of the unused portion of the original ticket T/F: The Fund will NOT reimburse travel agents for any commissions, any service charge owing on the travel services purchased by the customer, or travel services purchased through an Alberta travel agency True The best description of Ontario's Travel Industry Act, 2002, is that it... Sets down the rules under which travel retailers and travel wholesalers must operate in Ontario The phrase: "to promote a fair and informed marketplace where consumers can be confident in their travel purchases" is the: Mission/vision statement of TICO