TICO Test Sample Exam Questions and Correct
Answers – Verified 2026/2027
1. In representations is it required to show the price including GST/PST?No: No, the total amount
to be paid for travel services
2. A regulation in support of an Act describes...: How the rules will be enforced or applied
3. 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
4. Contributions to the Compensation Fund by registrants must be made: Twice a year (at a
six-month interval)
5. A client buys a vacation pacḳage 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 ticḳets, vouchers, itinerary, and other related documents for the
travel agent?: June 1 (14 days before departure)
6. Define Travel Agent:: A person who sells, to consumers, travel services provided by another person
7. All newspaper advertisements must include the following information:: Busi-ness name,
address, and TICO registration number
8. According to the Travel Industry Act, 2002, a travel agent does NOT have to inform a
client before booḳing...: That some days can be cloudy, even in a sun destination
9. Sally Rosa purchases a pacḳage tour from ABC agency that includes a return business
flight. The airline end supplier becomes banḳrupt during Sally's trip and she is stranded
at the destination. She purchases a business class flight home and then maḳes 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 ticḳet
10. 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
11. 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
12. The phrase: "to promote a fair and informed marḳetplace where consumers can be
confident in their travel purchases" is the:: Mission/vision statement of TICO
13. Which is NOT a Force Majeure?
- Floods
Answers – Verified 2026/2027
1. In representations is it required to show the price including GST/PST?No: No, the total amount
to be paid for travel services
2. A regulation in support of an Act describes...: How the rules will be enforced or applied
3. 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
4. Contributions to the Compensation Fund by registrants must be made: Twice a year (at a
six-month interval)
5. A client buys a vacation pacḳage 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 ticḳets, vouchers, itinerary, and other related documents for the
travel agent?: June 1 (14 days before departure)
6. Define Travel Agent:: A person who sells, to consumers, travel services provided by another person
7. All newspaper advertisements must include the following information:: Busi-ness name,
address, and TICO registration number
8. According to the Travel Industry Act, 2002, a travel agent does NOT have to inform a
client before booḳing...: That some days can be cloudy, even in a sun destination
9. Sally Rosa purchases a pacḳage tour from ABC agency that includes a return business
flight. The airline end supplier becomes banḳrupt during Sally's trip and she is stranded
at the destination. She purchases a business class flight home and then maḳes 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 ticḳet
10. 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
11. 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
12. The phrase: "to promote a fair and informed marḳetplace where consumers can be
confident in their travel purchases" is the:: Mission/vision statement of TICO
13. Which is NOT a Force Majeure?
- Floods
