What federal agency requires that the seller of a franchise give ...

[Mr. Wonderful]

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)

Question 2

In the decision involving tariffs on Latin American bananas, the panel:
 A) recommended the tariffs be brought in line with the EEC's obligations under GATT.
 B) said the Latin American countries were authorized to impose sanctions on the EEC.
 C) found the EEC's tariffs to be within GATT guidelines.
 D) dismissed the case after the EEC agreed to adopt tariffs that were more in line with its GATT obligations.

[chinwesucks]

Answer to Question 1

C

Answer to Question 2

A