Legislation Enacted in Several Provinces to Protect Franchisees Usually Require

question 12

Multiple Choice

Legislation enacted in several provinces to protect franchisees usually require the franchisor to

• A)file financial statements publicly
• B)list all past and current franchisees
• C)list all past and current lawsuits alleging deceptive business practices
• D)list the history of any bankruptcy or criminal records of their officers and directors
• E)all of the above

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Definitions:

Continuous Supply

A method of inventory management that ensures a constant availability of necessary materials or products.

Colluded

Pertains to an agreement, often secretive, between parties to limit competition or deceive others, frequently seen as unethical or illegal in business practices.

Justifiable

Capable of being shown as reasonable or warranted under the circumstances.

Unreliable

Describes something or someone that cannot be depended upon; opposite of reliable.