Which of the following is true of a franchise agreement?
A) A franchise application is not necessary to qualify for entering into a franchise agreement.
B) The Uniform Franchise Offering Circular (UFOC) sets forth the terms and conditions of the franchise agreement.
C) The terms and conditions of the franchise agreement must always be first drawn by the franchisee.
D) A franchisee can only obtain a license to use the franchisor's intellectual property after entering into a franchise agreement.
D
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A company produces two boat models, Flyer and Skimmer. Both products are being considered for major investment projects next year. Relevant data follow: Flyer SkimmerNew investment $424,000$380,000Expected net cash flows:Year 1 150,000 130,000Year 2 160,000 130,000Year 3 170,000 130,000Required:Use the payback period to evaluate these two investment projects.
What will be an ideal response?
The Sarbanes-Oxley Act requires a public company to disclose whether it has adopted a Code of
Ethics for senior financial officers. Indicate whether the statement is true or false
Which of the following is responsible for the continued support of consistent application of selection criteria, standards, processes, training, and general assistance to project managers and continued improvement and use of best practices?
A. Project office B. Oversight committee C. Portfolio project management D. Resource allocation optimization committee E. Project management
Magazine digital advertising revenues are expected to ________ for the next few years.
A. remain relatively flat B. more than double C. grow over 20% D. significantly decrease