Author Question: Which of the following is NOT true about the Franchise Agreement? a. most of its components are the ... (Read 83 times)

jjjetplane · **on:** Jun 29, 2018

Which of the following is NOT true about the Franchise Agreement?
a. most of its components are the subject of specific disclosure under the FTC rule.
b. it is generally a static, unchanging document.
c. it is useful for a broad spectrum of businesses.
d. it has evolved as a result of the way franchising has come to be regulated by state and federal laws.

Question 2

Satisfying all customers with the same service delivery is virtually impossible.

Indicate whether the statement is true or false

macagn · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

B. Modern franchising documents are in many ways driven by the way franchising has come to be regulated by federal and state law. Almost all of the contract components used by franchisors in the Franchising Agreement are the subject of specific disclosure under the FTC Rule. Franchising occupies an extraordinarily broad spectrum of businesses, and the Franchise Agreement used by any one of these businesses will change to reflect the needs of that particular relationship.

Answer to Question 2

T