TICO Module 3 Study Guide Questions With 100 % Correct Answers

TICO Module 3 Study Guide Questions With 100 % Correct Answers Time and space limitations apply to: - ANSWER A representation displayed on a billboard or bus board or made through any other medium with similar time or space limitations Time and space representation - ANSWER a presentation of fact made in person, electronically, or in print in order to induce someone to act or enter into a contract. Examples of representations include: - ANSWER oral presentations, advertisements, brochures, and websites. Section 31 of the Regulation - ANSWER Registrants must ensure that any representations made on their behalf comply with the Act and Regulation. Therefore, all registrants must understand what is acceptable under the legislation. Written representations obligations - ANSWER examples such as newspaper advertisements, brochures, or websites, must contain the registrant's business name, address, and registration number. Residential phone numbers should not be included in written representations. Oral representations obligations - ANSWER (for example, a sales presentation) do not have to include the registrant's business name, address, and registration number limitations are not required to: - ANSWER include a registrant's business name, address, and registration number. Registrants should not assume that something is a limited medium unless: - ANSWER TICO has specifically stated that the medium has time or space limitations. For all forms of representation, any statement made about price must be: - ANSWER clear, comprehensible, and prominent Prices can be shown in three ways. They are: - ANSWER as a total price, including all fees, levies, service charges, and surcharges; as a base price plus a total for all fees, levies, service charges, and surcharges; or as a base price plus an itemized list of all fees, levies, service charges, and surcharges.