Travel Regulatory Frameworks & Compliance 4

Question 1

If a U.S. traveler carries more than $10,000 in currency or monetary instruments into or out of the country, they must:

Accepted Answer

File a FinCEN 105 report with U.S. Customs and Border Protection

Answer

Federal law requires travelers to report currency or monetary instruments over $10,000 to CBP using FinCEN Form 105.

Question 2

Under the Cruise Vessel Security and Safety Act (CVSSA), U.S.-regulated cruise ships must maintain video surveillance in which areas?

Accepted Answer

Exterior decks, passageways outside cabins, and areas near lifeboats

Answer

The CVSSA requires video surveillance in public and semi-public areas to deter and document crimes, not inside private cabins.

Question 3

Travel insurance policies typically contain a 'free look' period during which a purchaser can cancel for a full refund. This period is usually:

Accepted Answer

10–15 days from the date of purchase

Answer

Most travel insurance policies offer a 10–15 day free look period after purchase, as required by many state insurance regulations.

Question 4

A U.S. hotel's liability for a guest's personal property (e.g., jewelry or cash) left in the room is typically limited by:

Accepted Answer

State innkeeper liability statutes, often requiring use of an in-room safe

Answer

Most states have innkeeper laws that cap hotel liability for guest valuables, usually contingent on the hotel providing a safe.

Question 5

Which federal rule requires airlines to hold a reservation for 24 hours without payment, or to provide a full refund within 24 hours of booking for flights departing at least 7 days in advance?

Accepted Answer

DOT's 24-Hour Reservation Requirement (14 CFR Part 259)

Answer

DOT's 14 CFR Part 259 mandates either a 24-hour hold or a 24-hour refund option for tickets purchased 7+ days before departure.

Travel Practice Test

Travel Practice Test

Travel Regulatory Frameworks & Compliance 4