Paradise Footwear buys a franchise from Resilient Athletic Shoes Inc.This relationship, like all other franchise relationships, is governed by

Question

Quizplus · Accepted Answer

Franchise relationships are governed by contract law, as the franchisor and franchisee enter into a legally binding agreement outlining each party's rights and responsibilities. While the Franchise Disclosure Document (FDD) is an important part of the franchise relationship, it is not a governing law in and of itself. The National Collegiate Athletic Shoe Association is not relevant to this scenario.

Paradise Footwear Buys a Franchise from Resilient Athletic Shoes Inc