The Federal Trade Commission requires franchisors to
A) give prospective franchisees a franchise disclosure document at least 14 business days prior to the signing of a contract or payment of any money

B) give prospective franchisees earnings information on the company.
C) disclose any litigation the company has ever been involved in.
D) let prospective franchisees know how many franchisees have gone out of business in the prior five years.


A

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Many cities, states, and countries recognize that by using effective marketing strategies, they can increase vital tourism revenues and attract business investments needed for growth. This is an example of implementing ________

A) idea marketing B) social marketing C) cultural marketing D) place marketing E) services marketing

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The power adapters that Dell sells with its computers are built by small companies that specialize in power-related accessories. When Dell purchases its power adapters from these small companies, it is engaging in B2B marketing.

Answer the following statement true (T) or false (F)

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Scenario 7.2 Use the following to answer the questions. Precision Brake Company is a supplier of brake components to the manufacturers of lawn tractors and 4-wheel ATVs. It also sells its products to independent repair centers, dealers, and other wholesalers in Northeast and Southern states. Precision Brake has done research on the demand for lawn tractors and found that most manufacturers are in the states of Kentucky, Tennessee, and Alabama. Research also shows that most of the dealers who sell directly to individual consumers are in the Midwestern states, while dealers who sell to small business landscaping companies tend to be located in the Northeastern states. Company executives are considering expansion of its distribution to markets in the Midwest. Refer to Scenario 7.2. When

Precision Brake sells to the individual dealers, they would be considered which of the following business types? A. Producer B. Reseller C. Government D. Institutional E. Covert

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Shareholders of a corporation:

a. manage the corporation b. delegate responsibility for management to hired managers c. elect all vice presidents of the corporation d. vote on matters that may effect a change in the corporation's structure e. issue the employment rules of a corporation

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