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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A(n) __________ is a temporary group activity designed to produce a unique product, service, or result.
What will be an ideal response?
When objective performance measures are unavailable but the company still wants to base pay on performance, it uses a(n)
A. stock option plan. B. individual incentive plan. C. profit-sharing plan. D. merit pay system. E. gainsharing plan.
When determining the after-tax cost of a bond, the face value of the issue must be adjusted to the net proceeds amounts by considering ________
A) the risks B) the flotation costs C) the approximate returns D) the taxes
A company started the year with no supplies. During this year they bought $230 worth of supplies on account and later paid $150 of this debt. If there were $20 supplies left at the end of this year, what was the supply expense for the period?
A) $210 B) $80 C) $20 D) $60