TICO Travel Industry Laws 2

Question 1

Under the Travel Industry Act, 2002, which individual is required to be registered with TICO?

Accepted Answer

A person who sells travel services to the public from an Ontario office for compensation

Answer

A Canadian citizen who books personal travel online through a foreign website

Answer

An Ontario resident who occasionally recommends hotels to friends without payment

Answer

A federal government employee who arranges employee travel for government use only

Question 2

What is the maximum administrative penalty TICO can impose on a registrant for a single contravention under the Travel Industry Act, 2002?

Accepted Answer

$100,000

Answer

$10,000

Answer

$500,000

Answer

$25,000

Question 3

Under the Travel Industry Act, 2002, who has the authority to revoke the registration of a travel agent or wholesaler?

Accepted Answer

The Registrar of TICO

Answer

The Ontario Minister of Finance

Answer

A Superior Court judge on application

Answer

The Director of the Ontario Travel Industry Council

Question 4

The Travel Industry Act, 2002 requires registrants to hold client funds in which type of account prior to the completion of travel?

Accepted Answer

A designated trust account separate from operating funds

Answer

A general business chequing account

Answer

A federally insured savings account

Answer

A PayPal business account approved by TICO

Question 5

Which of the following is a prohibited trade practice under Ontario's travel industry legislation?

Accepted Answer

Charging a client a service fee without prior written disclosure

Answer

Offering a free hotel upgrade as a sales incentive

Answer

Recommending travel insurance to every client

Answer

Using TICO's logo on a registered agency's website

Question 6

A client discovers that the travel agent misrepresented a hotel's star rating. Under the Travel Industry Act, 2002, this may constitute which type of violation?

Accepted Answer

Misrepresentation, which is a prohibited trade practice

Answer

A minor administrative error requiring only an apology

Answer

A federal customs violation reportable to the CBSA

Answer

A civil dispute outside TICO's jurisdiction