In 1979,the Federal Trade Commission established Rule 436.1,also known as the Franchise Disclosure Act,for the purpose of:

Name: In 1979,the Federal Trade Commission established Rule 436.1,also known as the Franchise Disclosure Act,for the purpose of:
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This Rule established 23 requirements that any franchise disclosure document must have to provide guidelines and policies for persons engaged in franchising
Prior to this rule,there were no specific guidelines or regulations on the franchise industry

In 1979,the Federal Trade Commission Established Rule 436