When should a potential franchisee receive the Franchise Disclosure Document (FDD)?
A)two days before signing a contract or paying any money
B)at least 10 days before signing a contract or paying any money
C)two days before signing a contract
D)at least 10 days before paying any money

Question

Quizplus · Accepted Answer

The Federal Trade Commission requires that a potential franchisee receive the Franchise Disclosure Document (FDD) at least 14 calendar days before they are asked to sign any contract or pay any money to the franchisor. This rule ensures that the franchisee has sufficient time to review the document, seek advice, and make an informed decision.

When Should a Potential Franchisee Receive the Franchise Disclosure Document