Explain the Extent of Liability of a Franchisor and a Franchisee

question 7

Essay

Explain the extent of liability of a franchisor and a franchisee with an example.

---

Definitions:

Physical Fitness

The ability of an individual to carry out tasks without undue fatigue, encompassing various aspects of health and performance.

SRS

Simple Random Sampling, a sampling method where every member of a population has an equal chance of being selected.

P-value

A statistical measure that helps in determining the significance of results obtained in a hypothesis test, indicating the probability of observing the results if the null hypothesis were true.

Normal Distribution

A symmetric, bell-shaped frequency distribution curve where most occurrences take place around the central peak and probabilities for values taper off equally towards either end.