If a Party to a Franchise Contract Fails to Perform

question 5

True/False

If a party to a franchise contract fails to perform, he or she may be subject to a suit for breach of contract.

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Definitions:

Code of Conduct

A set of rules and guidelines designed to set out acceptable behaviors for members of a particular group, organization, or profession.

Social Responsibility

The ethical framework suggesting that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large.

Societal Well-Being

Societal Well-Being refers to the overall health, happiness, and prosperity of a society, considering various factors such as economic, social, and environmental aspects.

Consumer Satisfaction

The measure of how products or services supplied by a company meet or surpass customer expectation.