The Agent Reporting Agreement defines the requirements to receive and maintain ARC accreditation. Which description best fits the ARA?

• A. A three-party contract defining accreditation requirements
• B. A two-party agreement
• C. A policy manual
• D. A financial instrument

Answer: (A)

The Agent Reporting Agreement is a formal contract that binds ARC, the accreditation-seeking travel agency, and the participating airlines to the terms required to receive and maintain ARC accreditation. It lays out the obligations for reporting, data submission, compliance with ARC procedures, and any financial safeguards. Because it involves ARC, the agency, and the carriers that will be involved in reporting, it is inherently a three-party contract. It isn’t simply a policy manual describing procedures, nor a financial instrument like a bond or guarantee.