The ________ is a uniform disclosure document that requires a franchisor to make specific presale disclosures to prospective franchisees.

Question

Quizplus · Accepted Answer

UFOC (Uniform Franchise Offering Circular) is a standardized disclosure document required by the Federal Trade Commission (FTC) that provides detailed information about the franchise offering, including financial disclosures, litigation history, and other important details. It is now commonly referred to as the Franchise Disclosure Document (FDD).

The ________ Is a Uniform Disclosure Document That Requires a Franchisor