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TICO TEST NEWEST ACTUAL EXAM| ALL 100
QUESTIONS AND CORRECT ANSWERS (VERIFIED
ANSWERS) GRADED A+ | LATEST ACTUAL EXAM
Whose responsibility is it to check that a client's accommodation is going to be in the same condition as when it was described to the client at the time of purchase?
- client
- Registrar
- registrant
- hotel supplying the accommodation - Correct Answer - c. registrant
Which item takes precedence over other claims on the Travel Industry Compensation Fund? Payments for
- immediate departure
- trip interruption
- trip completion
- a major event - Correct Answer - c. trip completion
A consumer who wishes to make a standard claim on the Compensation Fund for travel services paid for but not provided must do so
- any time; there is no limitation
- immediately
- within three months of the registrant's or end supplier's failure 1 / 4
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- within six months of the registrant's or end supplier's failure - Correct
Answer - d. within six months of the registrant's or end supplier's failure
What is the maximum penalty for a corporation that commits an offence under the Travel Industry Act, 2002?
- $250,000
- $50,000
- two years less a day in prison
- $50,000 and two years less a day in prison - Correct Answer - a.
$250,000
Which of the following must register under the Travel Industry Act, 2002?
- an end supplier
- a travel agency in North Bay
- a travel agency in Saskatoon
- an educational institution in Ottawa - Correct Answer - b. a travel
agency in North Bay
The administration of the Travel Industry Act, 2002 was delegated to TICO by the
- federal government
- travel industry
- Ministry of Consumer and Corporate Affairs 2 / 4
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- Ontario provincial government - Correct Answer - d. Ontario
provincial government
TICO works with which three groups to carry out its mandate?
- consumers, travel retailers, the federal government
- travel retailers, travel wholesalers, consumers
- the travel industry, the provincial government, consumers
- suppliers, travel agents, consumers - Correct Answer - c. the travel
industry, the provincial government, consumers
A consumer is dissatisfied with a vacation tour package purchased from a travel agent at ABC Travel in Ontario. Who should the consumer approach first to make a complaint?
- TICO
- Ministry of Consumer Services
- ABC Travel
- a lawyer - Correct Answer - c. ABC Travel
Which of the following is NOT part of the Travel Industry Compensation Fund?
- contributions from registrants
- contributions from consumers
- recoveries of money paid from the Compensation Fund
- income earned on the money in the Compensation Fund - Correct
Answer - b. contributions from consumers 3 / 4
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pg. 4 Which of the following could a client claim from the Travel Industry Compensation Fund?
- counselling fees paid to a travel agent
- taxes paid on the travel services
- insurance premiums
- travel services that were to be received as a prize - Correct Answer -
- taxes paid on the travel services
A consumer makes a claim against the Travel Industry Compensation Fund and the TICO Board accepts the claim. What is the maximum amount payable?
- $5,000 per person
- $5,000 per claim
- depends on the cost, value, or quality of the travel services purchased
- a calculation of $5 million evenly divided by the number of claims -
Correct Answer - a. $5,000 per person
"Sales in Ontario" refers to
- the amount paid to or through a travel agent or travel wholesaler for
- the amount paid to travel agents only, for services sold to Ontario
- the amount paid to travel wholesalers only, for all travel bookings
- an annual list of travellers who booked through an Ontario-registered
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services sold in Ontario during a given period of time
consumers during a given period of time
originating in Ontario during a given period of time
travel agent or wholesaler - Correct Answer - a. the amount paid to or