What federal agency requires that the seller of a franchise give the potential buyer Franchise Disclosure Document (FDD) and audited financial statements?
A)The Securities and Exchange Commission (SEC)
B)The Interstate Commerce Commission (ICC)
C)The Federal Trade Commission (FTC)
D)The Franchise Sales Commission (FSC)
C
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The difference between event marketing and sponsorship marketing is the duration of the program being featured
Indicate whether the statement is true or false
Alexander City Consultants started business on January 1, 2016, and immediately purchased $1,000 of supplies to use in the business. At the end of the month, 25 percent of the supplies remains unpaid and 20% are still on hand. What amounts should appear on the financial statements for January, 2016? Income Statement Statement of Cash Flows
a. ($ 1,000) ($ 1,000) b. ($ 1,000) ($ 750) c. ($ 800) ($ 25) d. ($ 800) ($ 750)
Which of the following statements is TRUE? Interest rates
A) cannot exceed 60% per annum under the Criminal Code B) can exceed 500% in some provinces for pay day loans C) must be stated as an annual rate or the lender can only charge 5% per annum D) must disclose all fees and administrative costs tied into the interest rate for consumer loans E) all of the above
Effective corporate ethical policies must be integrated throughout the firm.?
Indicate whether the statement is true or false