Trudy wishes to buy a national franchise. What information is the seller legally required to provide before she buys the franchise?
The Federal Trade Commission requires the seller of the franchise to provide Trudy with a Franchise Disclosure Document (FDD) at least 14 calendar days before any contract is signed or money is paid. This disclosure statement must provide the following information:
The history of the franchisor and its key executives
Litigation with franchisees
Bankruptcy filings by the company and its officers and directors
Costs to buy and operate a franchise
Restrictions, if any, on suppliers, products, and customers
Territory-any limitations (in either the real or virtual worlds) on where the franchisee can sell or any restrictions on other franchisees selling in the same territory
Business continuity-under what circumstances the franchisor can terminate the franchisee and the franchisee's rights to renew or sell the franchise
Required advertising expenses
A list of current franchisees and those that have left in the prior three years
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A. consistently overstating the actual demand B. consistently understating the actual demand C. exactly equal to the actual demand D. never equal to actual demand
Which of the following statements associated with traditional overhead allocation is true?
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Identify the following group of words: Sarah would like to accept the IT position, but she does not want to relocate to Houston
A) correctly punctuated sentence B) fragment C) comma splice D) run-on sentence
. The Burke–Litwin Causal Model of Change emerged from ______.
A. theory B. research C. practice (consulting to bring about change at British Airways) D. trial and error