Every sale between a franchisor and a franchisee must be governed by the United Franchise Act of 1987.

Name: Every sale between a franchisor and a franchisee must be governed by the United Franchise Act of 1987.
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While there is a United States Federal Trade Commission (FTC) rule called the Franchise Rule that regulates the sale of franchises, there is no specific nationwide law called the United Franchise Act of 1987.

Every Sale Between a Franchisor and a Franchisee Must Be