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TICO Exam – Complete Verified Questions and Answers Study Guide

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This document contains complete verified questions and correct answers for the TICO exam. It covers key regulatory scenarios including refund requirements, price increases, schedule changes, and eligibility for reimbursement through the Ontario Compensation Fund. The material is structured in a multiple-choice format to support focused preparation for the Travel Industry Council of Ontario certification exam.

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PM
TICO EXAM WITH COMPLETE VERIFIED QUESTIONS AND ANSWERS.

: Which one of the following circumstances would NOT B Where the

scheduled departure of any transportation is delayed or result in the travel retailer

having to offer the customer advanced by 12 hours or less

a full refund or comparable alternative travel services?

a) Where a contract permits a price increase, the

cumulative increase is more than

7% of the total price (excluding

increases caused by an increase in

the PST, GST or HST)

b) Where the scheduled departure of any

transportation is delayed or

advanced by 12 hours or less

c) Where the contract does not

permit a price increase and the

total price of the travel services is

increased, whatever the amount

or reason

d) Where a different cruise ship has been substituted


When a registered Ontario travel agency/website has A package tour of the

Canadian Rockies was purchased by a consumer from gone bankrupt, in which

scenario would a consumer be the bankrupt registered travel agency/website

but not provided to them

reimbursed by the Compensation Fund?

a) Travel services were not provided

because a hotel in northern

Ontario declared bankruptcy
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b) A Mediterranean cruise was won

by a consumer as a prize in a

fundraising raffle in Ontario, but

the travel

services will not be provided

c) A package tour of the Canadian Rockies was

purchased by a consumer from the

bankrupt registered travel

agency/website but not provided

to them

d) The consumer purchases travel

services that were 100% non-

refundable, but they chose to

cancel their trip before their

travel date




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The best description of Ontario's Travel Industry Act, b Sets down the rules

under which travel retailers and travel wholesalers must 2002 is that it? operate in

Ontario

a) Outlines the rights of consumers

b) Sets down the rules under which

travel retailers and travel

wholesalers must operate in

Ontario

c) Goes into detail to explain the

content of the related regulations

d) Provides guidelines to travel retailers and travel

wholesalers about what must be

included in vacation package


Before counselling or advising a customer, a travel a Inform the

customer of any counselling fee charged agent must:

a) Inform the customer of any counselling fee charged

b) Show a picture of the travel service being sold

c) Advise the customer of the need

for a passport or visa

d) Ask to make an imprint of the customer's credit card


Sanjita Patel, an owner of a travel retailer, has decided b A total price

including all fees, levies, service charges and taxes to put an advertisement on

her website for some

special local bus tours. Ontario

Regulation 26/05 requires that the

advertisement shows:
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a) A base price plus an itemized list

of all fees, levies, service

charges and taxes

b) A total price including all fees,

levies, service charges and taxes

c) A base price plus a total for all

fees, levies, service charges and

taxes

d) A total price with all taxes except

retail sales tax and federal goods

and services


The phrase "to regulate consumer protection by

b) Mission

Statement of Tico promoting awareness, education,

and compliance as

part of the efficient and effective

regulation of Ontario's travel

industry" is the:

a) Mission statement of the

Ministry of Public and Business

Service Delivery

b) Mission statement of TICO

c) Vision statement of TICO

d) Purpose of the Travel Industry Act, 2002


George Lee, a customer, has booked a package tour of c) The

name of the owner of the travel agency website British Columbia. Which

of the following is NOT

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