Match each term with the correct statement below.
a. cancellation provision
b. exclusive handling
c. UFOC
d. product/trade name franchising
e. business format franchising
f. franchise agreement
g. 10-day rule
h. franchisor full disclosure
1. What is the form required by the FTC that the franchisor is required to provide buyers that includes 20 categories of information?
2. What is the name for the agreement by which the franchisee agrees to sell only items, products, or services that are acceptable to the franchisor?
3. Prospective buyers of a franchise must be given this document that provides a great deal of information on the franchisor.
4. What is the simplest form of franchising?
5. What is the required cooling off period after giving the prospect the UFOC called?
1. H) franchisor full disclosure
2. B) exclusive handling
3. C) UFOC
4. D) product/trade name franchising
5. G) 10-day rule
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