To avoid making a hasty judgment, a franchisee may not purchase a franchise for ________ days from the time the Franchise Disclosure Document is received.
A) 3
B) 5
C) 10
D) 14
E) 30

Question

Quizplus · Accepted Answer

According to the Federal Trade Commission's Franchise Rule, franchisees have a minimum of 14 days to review the Franchise Disclosure Document (FDD) before making a purchase decision. This waiting period is designed to give potential franchisees sufficient time to review the information provided in the FDD and carefully consider whether or not to invest in the franchise.

To Avoid Making a Hasty Judgment, a Franchisee May Not