State franchise administrators developed a uniform disclosure document called the Uniform Franchise Offering Circular.

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This is true as the Uniform Franchise Offering Circular (UFOC) was developed by franchise administrators to provide uniformity in the disclosure of information to potential franchisees. In 2007, the UFOC was replaced by the Franchise Disclosure Document (FDD) which still serves the same purpose in providing comprehensive information to potential franchisees.

State Franchise Administrators Developed a Uniform Disclosure Document Called the Uniform