If a franchisor makes sales or earnings projections based on hypothetical examples, the franchisor must ________

A) display a cautionary statement that warns against misuse of the franchisor's intellectual properties
B) disclose the assumptions underlying the estimates
C) register the disclosure document with the FTC prior to its use
D) state that all data disclosed is only hypothetical and that actual data will be made available at the earliest


B

Business

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Why do both the buyer and the seller in a solo exchange pursue their own self-interests?

A. Because less hassle means more value to the buyer B. Because the buyer is confident that, over the long run, he or she will get a fair share of the profit C. Because both the buyer and the seller have a high level of dependence on each other D. Because both believe the other party would not take advantage of them if given the opportunity E. Because the parties in the transaction do not plan on doing business together again

Business

Would-be franchisors ask all of the following questions except one before expanding overseas:

A) How tough is the local competition? B) Does the government respect trademark and copyrights? C) Can profits be easily repatriated? D) Can products be easily counterfeited? E) Is commercial space available?

Business

In considering that "a reporter is a reporter," media-savvy public relations practitioners know that ________

A) all journalists subscribe to a uniform code of ethics B) they are all standard-issue reporters C) anything they say to a journalist is fair game to be reported D) they can approach reporters in a casual, easy manner

Business

Questions of ______ are used when one person advocates for change in an existing plan or law.

a. fact b. value c. policy d. merit

Business