The Uniform Franchise Offering Circular (UFOC) refers to a uniform disclosure document that requires a franchisor to make specific presale disclosures to prospective franchisees.

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The statement is true. The UFOC is a standard document required by the Federal Trade Commission (FTC) that provides information about the franchise opportunity and the franchisor prior to the sale of a franchise.

The Uniform Franchise Offering Circular (UFOC) Refers to a Uniform