One of the most important features of the franchise contract is the provision related to
A)the sale or transfer of the franchise to a government entity.
B)changes in management.
C)termination and transfer of the franchise.
D)termination of contracts with suppliers.

Question

Quizplus · Accepted Answer

The provision related to termination and transfer of the franchise is crucial because it outlines the circumstances under which the franchise may be terminated or transferred, as well as the process for doing so. This can include issues such as default, breach of contract, and expiration of the term, among others. Having a clearly defined provision in the franchise contract can help both the franchisor and franchisee avoid potential disagreements or legal disputes in the future.

One of the Most Important Features of the Franchise Contract