Under the Uniform Franchise Act, franchisors have the right to terminate franchisees that are found to be in "serious violation" of the terms of the franchise agreement
a. True
b. False
Indicate whether the statement is true or false
False
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Stansbury Company determined its December 31, 2015 inventory to be $1,000,000 based on a physical count priced at cost. Additional information for the company is as follows: ? Merchandise costing $90,000 was shipped FOB shipping point from a vendor on December 30, 2015. This merchandise was received and recorded on January 5, 2016. ? Goods costing $120,000 were staged on the shipping dock and
excluded from inventory although shipment was not made until January 4, 2016. The goods were billed to the customer FOB shipping point on December 30, 2015. ? What is Stansbury's ending inventory for its December 31, 2015 balance sheet? A) $1,000,000 B) $1,090,000 C) $1,120,000 D) $1,210,000
A company has sales of $718,800 and cost of goods sold of $287,800. Its gross profit equals:
A. $431,000. B. $(431,000). C. $718,800. D. $1,006,600. E. $287,800.
Trainstar, a sportswear equipment manufacturer, releases a new line of energy drinks called VitaZing. The television ad for the energy drink shows people jogging, working out in a gym, and doing aerobics
The actors then take a break to drink VitaZing, which visibly re-energizes them and leads them to continue exercising. Which advertising style is most likely used in the VitaZing ad? A) scientific evidence B) technical expertise C) personality symbol D) testimonial evidence E) lifestyle
_____ compete on the basis of low prices, high turnover, and high volume
a. Discount stores b. Convenience stores c. Drugstores d. Supermarkets