Asked by
Bilal Jaber
on Nov 09, 2024
Verified
Franchisors are required by the ______ to provide disclosure statements to prospective or actual franchisees.
A) North American Free Trade Agreement
B) Uniform Commercial Code
C) National Labor Relations Act
D) Federal Trade Commission
Disclosure Statements
Information that franchisors are required to provide to potential franchisees.
Federal Trade Commission
A United States government agency that aims to prevent fraudulent, deceptive, and unfair business practices in the marketplace.
Prospective Franchisees
Individuals or entities considering the acquisition of franchise rights to operate a branded business.
- Understand the contribution of disclosure statements to franchising practices and the imperative conditions.
Verified Answer
MM
Learning Objectives
- Understand the contribution of disclosure statements to franchising practices and the imperative conditions.
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