Fair practice laws are designed to prevent a franchisor from _____
a. enforcing a tying agreement
b. terminating, canceling, or failing to renew a franchise without sufficient cause
c. incorrectly reporting franchise profits and investments
d. selling additional franchises in a protected territory
b
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The dilemma of honesty is deciding how much to trust what the other party tells you.
Answer the following statement true (T) or false (F)
All of the following are explanations of cost changes. Which of these influences can be substantially affected by cost containment measures?
a. inflation/deflation b. changes in quantities purchased c. technological change d. changes in supply chain costs
Estimation analysis determines which things go together.
Answer the following statement true (T) or false (F)
Three sets of financial statements usually are required from subsidiaries; they do not include:
A. statements prepared to comply with the accounting principles and standards required by the home country. B. statements prepared to meet the financial consolidation requirements of the home country. C. statements prepared in response to investigations and queries from the Securities and Exchange Commission (SEC). D. statements prepared to meet the national accounting standards and procedures prescribed by law and other professional organizations in the host country.