Pricey Auto Corporation gives notice to Quint that Pricey is terminating their franchise arrangement. Winding up the business requires

Question

Quizplus · Accepted Answer

When a franchise arrangement is terminated, it is necessary to wind up the business by returning any property owned by the franchisor. Therefore, the only correct choice is D. A new franchise agreement is not necessary, closing immediately would not properly wind up the business, and Quint's death, disability, or insolvency is not relevant to the termination of the franchise agreement.

Pricey Auto Corporation Gives Notice to Quint That Pricey Is