This topic contains a solution. Click here to go to the answer

Author Question: Trudy wishes to buy a national franchise. What information is the seller legally required to provide ... (Read 113 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
Trudy wishes to buy a national franchise. What information is the seller legally required to provide before she buys the franchise?

Question 2

Within the structure of the World Trade Organization, the three important groups under the Ministerial Conference are:
 A) the General Council, the Secretariat, and the Trade Policy Review Body.
 B) the Committee on Budget, the General Council, and Trade Policy Review Body.
 C) the Dispute Settlement Body, the General Council, and the International Court of Justice.
 D) the Dispute Settlement Body, the General Council, and the Trade Policy Review Body.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mochi09

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

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
Franchisor's training program
Required advertising expenses
A list of current franchisees and those that have left in the prior three years
A report on prior owners of stores that the franchisor has reacquired
Earnings information is not required; but if disclosed, the franchisor must reveal the basis for this information
Audited financials for the franchisor
A sample set of the contracts that a franchisee is expected to sign


Answer to Question 2

D




futuristic

  • Member
  • Posts: 638
Reply 2 on: Jun 24, 2018
Wow, this really help


epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

For a complete list of videos, visit our video library