Asked by Radhika Kalra on May 18, 2024
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The Franchise Rule requires a franchisor to establish and enforce rules with respect to its franchisees.
Franchise Rule
The Franchise Rule is a regulation created by the Federal Trade Commission (FTC) that mandates franchisors to provide all potential franchisees with a disclosure document containing essential information to help in making an informed decision about the investment.
Enforce Rules
The act of ensuring that the laws or regulations are followed and implementing consequences for those who violate them.
- Comprehend the legal requirements, rights, and obligations associated with franchising.
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Learning Objectives
- Comprehend the legal requirements, rights, and obligations associated with franchising.
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