TICO Exam Questions with 100% Correct Answers

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 Answer immediately 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 True or false according to the travel industry act 2002 a travel agent does not have to inform a client before booking that a counselling fee is applied by the agent Correct Answer false