Which of the following should make a potential franchisee suspicious about a franchiser's honesty?
A) Claims that the franchise contract is a standard agreement and that there is no need to read it or have an attorney look it over
B) An offer of direct financing of a specific element of the franchise package
C) Not providing detailed operational information until 10 days before signing the contract
D) Requiring franchisees to spend a certain percentage of profits on advertising
Correct Answer:
Verified
Q4: Franchises total annual sales represent nearly _
Q4: McDonald's is an example of a _
Q7: In addition to reading the franchiser's UFDD,
Q10: A franchise myth is that:
A) once the
Q13: Some franchisors offer _ to give existing
Q14: The FTC's philosophy regarding the Uniform Franchise
Q17: A recent study reports that the success
Q20: Franchise royalty fees typically range from _
Q28: Which of the following is not a
Q35: Which of the following is not a
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