The key elements of a franchise agreement include:
a. the use of franchise manual
b. the schedule of meal times for employees c. the fee and royalty payments
d. the use of franchise manual and the fee and royalty payments
e. the use of franchise manual and the fee and royalty payments and the schedule of meal times for employees
d
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Which of the following is a well-formed business rule?
A. Customers must pay in U. S. dollars. B. Customers may not be under 18 years of age. C. Customers must be over 18 years of age. D. All of these are well-formed business rules.
For improper execution or failure to execute payment orders, banks can be liable to:
A. the originators for consequential damages. B. the beneficiaries for their incidental expenses. C. the originators for their expenses in the transaction along with incidental expenses and interest losses. D. both the originators and beneficiaries for consequential damages, even though the written agreement of the receiving bank does not provide for it.
Trends in inflation, exchange rates, and interest rates are part of ______________.
What will be an ideal response?
What must a creditor, who has taken security from a debtor, do to ensure being repaid before (have priority over) any other creditors?
A) It must have notified unsecured creditors B) The debtor must not be engaged in bankruptcy proceedings. C) The security must have been registered D) The security must be in relation to tangible property E) The court will decide who gets repaid first based on who is owed the most money