A Statement in the Franchise Agreement That States That the Franchisee

question 45

Multiple Choice

A statement in the franchise agreement that states that the franchisee must decline to continue the agreement before the franchisor can offer the franchise to someone else is called a

• A) Right of discontinuance
• B) Privilege of rescission
• C) Right of first refusal
• D) Right of denial

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Definitions:

Braverman

Refers to Harry Braverman, an American Marxist, noted for his work on labor and monopoly capital, particularly for his theory on the degradation of work.

Passive Victims

Individuals or groups that suffer from a harm or injustice without taking active steps to resist or prevent it.

Management Control

A systematic effort by business management to compare performance to predetermined standards, plans, or objectives in order to ensure that organizational goals are met.

Political System

The structure through which a society organizes and governs itself, including institutions, political parties, and governing bodies.