Which of the Following Statements Best Describes the Government's Regulation

Which of the following statements best describes the government's regulation of franchisor activities in seeking franchisees?

A) There is very little regulation and oversight of these activities.
B) There are very few regulations directed specifically at franchisors, because other regulations address potential problems in this area.
C) These activities are heavily regulated, with laws at both the state and federal levels.
D) These activities are heavily regulated, but only at the state level, because most franchising activities cross state lines.
E) These activities are heavily regulated, but only at the federal level, because of concerns with uniformity.