Examlex
From a utilitarian value perspective,highly involved shoppers are less likely to react to price reductions as they are too involved in their lives to notice such things.
State Law
Legislation enacted by individual states that governs within the state's boundaries, as opposed to federal law which governs at the national level.
Franchise Relationships
Legal and commercial bonds formed between a franchisor and franchisee, where the franchisor licenses its trade name and operations model to the franchisee.
Federal Trade Commission's Franchise Rule
A regulation established by the FTC that requires franchisors to provide all potential franchisees with a disclosure document containing important information about the franchise.
Material Facts
Important information that could influence decisions or outcomes in legal, financial, or other professional contexts.
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