A statement in the franchise agreement that states that the franchisee must decline to continue the agreement before the franchisor can offer the franchise to someone else is called a
A) Right of discontinuance
B) Privilege of rescission
C) Right of first refusal
D) Right of denial

Question

Quizplus · Accepted Answer

The "Right of first refusal" is a contractual right that gives the franchisee the option to continue the agreement or decline it before the franchisor can offer the franchise to another party.

A Statement in the Franchise Agreement That States That the Franchisee