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The elaboration likelihood model (ELM) states that there are two basic routes to persuasion, the central route and the peripheral route. Under the central route to persuasion, a message recipient is viewed as:
Disclosure Statement
A document that outlines important information, terms, or conditions about a financial transaction or investment that must be known by all parties involved.
Risks
Potential events or actions that could cause harm or loss to an individual, organization, or project.
Fees
Payments made for professional services or the right to engage in certain activities or access specific services.
Franchise Agreement
A legal, binding contract between a franchisor and franchisee, outlining mutual rights and responsibilities in the franchise arrangement.
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