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Author Question: A brand variant is created when a company adapts and expands its current brand into a new product ... (Read 167 times)

P68T

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on: Jun 29, 2018
A brand variant is created when a company adapts and expands its current brand into a new product area.
 a. True
  b. False
 Indicate whether the statement is true or false

Question 2

In 1979, the Federal Trade Commission established Rule 436.1, also known as the Franchise Disclosure Act, for the purpose of:
 a. encouraging expansion of franchise systems
  b. diminishing illegal and unethical practices
  c. recruiting independent businesses to become franchisees
  d. none of the above


JaynaD87

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Reply #1 on: Jun 29, 2018
Answer to Question 1

True

Answer to Question 2

B. This Rule established 23 requirements that any franchise disclosure document must have to provide guidelines and policies for persons engaged in franchising. Prior to this rule, there were no specific guidelines or regulations on the franchise industry.


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