Under the FTC disclosure rule, a franchisor must pay a __________ penalty of as much as __________ for each violation when it is shown that a sale of a franchise subject to the FTC rule was made, the franchisor knew or should have known of the disclosure rule, and no disclosure statement was given to the buyer.

Question

Quizplus · Accepted Answer

The FTC disclosure rule imposes a civil penalty of up to $10,000 for each violation when a franchisor fails to provide the required disclosure statement to a prospective franchisee.

Under the FTC Disclosure Rule, a Franchisor Must Pay a __________