The Franchise Rule Does Not Require a Franchisor to Make

question 67

True/False

The Franchise Rule does not require a franchisor to make any disclosures to prospective franchisees but what is disclosed must be material and informative.

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Definitions:

Personal Expenses

Out-of-pocket expenses related to the individual needs of a person rather than business expenses.

Operations

Activities and tasks involved in the day-to-day running of a business or system, focusing on producing and delivering products or services.

Asset Decrease

A reduction in the value or quantity of an asset, which can affect a company's balance sheet and overall financial health.

Asset Increase

An increase in the economic value or utility that an asset brings to a company.