The franchise ________ often includes detailed information about the prospective franchisee's previous employment,financial and educational history,and credit status.

Question

Quizplus · Accepted Answer

A franchise application typically involves providing detailed personal and financial information for the franchisor's consideration before entering into an agreement. The disclosure statement, memorandum of understanding, and articles of organization are all separate legal documents typically provided after the franchisor has accepted the franchisee's application, while the agreement is the final contract between the two parties.

The Franchise ________ Often Includes Detailed Information About the Prospective