TICO Exam | Questions with 100% Correct
Answers | Verified | Latest Update 2026
Save
Terms in this set (73)
What is the Corporate structure of Non-profit
TICO ?
TICO is an authority of which Ontario Ministry of Small business and Consumer Services
government?
TICO is financed by? Registrants
Which is NOT a TICO Board Investments
Committee?
TICO's key stakeholders are: Registrants, Consumers, Ontario Government
TICO administers the: The travel Industry Act, 2002 and Ontario
Regulation 26/05
How many provinces have travel 3
legislation?
A condition for a new TICO Security deposit of 10,000
registration for a travel agency is
, What type of accounting must TICO Trust accounting
travel agencies implement ?
Which consumer is protected by Any consumer who buys travel from a TICO
TICO regulations registered travel agency
A written representation may If there are time and space limitations
exclude the TICO registration
number
Which is not an acceptable price total prices less all taxes and charges
representation
Which type of insurance must always Trip cancellation insurance
be offered?
What fact about accommodation Standards not always the same as in Canada
must be disclosed
what advertising is considered to be All of the above
misleading, TICO may a. Order the agency to cease advertising
b. Order the agency to retract advertising
c.Order the agency to issue a correction to the
advertising
Micheal Wilson purchased a trip Offer the option of a full refund or similar
from his TICO registered travel alternative arrangements
agency. Prior to departure, the dates
for the trip are no longer going to be
operated. The agency must:
What must be included on the The name of the Traveler's spouse when available
traveler's invoice?
Answers | Verified | Latest Update 2026
Save
Terms in this set (73)
What is the Corporate structure of Non-profit
TICO ?
TICO is an authority of which Ontario Ministry of Small business and Consumer Services
government?
TICO is financed by? Registrants
Which is NOT a TICO Board Investments
Committee?
TICO's key stakeholders are: Registrants, Consumers, Ontario Government
TICO administers the: The travel Industry Act, 2002 and Ontario
Regulation 26/05
How many provinces have travel 3
legislation?
A condition for a new TICO Security deposit of 10,000
registration for a travel agency is
, What type of accounting must TICO Trust accounting
travel agencies implement ?
Which consumer is protected by Any consumer who buys travel from a TICO
TICO regulations registered travel agency
A written representation may If there are time and space limitations
exclude the TICO registration
number
Which is not an acceptable price total prices less all taxes and charges
representation
Which type of insurance must always Trip cancellation insurance
be offered?
What fact about accommodation Standards not always the same as in Canada
must be disclosed
what advertising is considered to be All of the above
misleading, TICO may a. Order the agency to cease advertising
b. Order the agency to retract advertising
c.Order the agency to issue a correction to the
advertising
Micheal Wilson purchased a trip Offer the option of a full refund or similar
from his TICO registered travel alternative arrangements
agency. Prior to departure, the dates
for the trip are no longer going to be
operated. The agency must:
What must be included on the The name of the Traveler's spouse when available
traveler's invoice?
