Which of the Following Was the Result on Appeal in Mary

question 1

Multiple Choice

Which of the following was the result on appeal in Mary Kay, Inc. a/k/a Mary Kay Cosmetics, Inc. v. Janet Isbell, the case in the text in which it was claimed that Mary Kay, Inc. wrongfully terminated Isbell's franchise in violation of the Arkansas Franchise Practices Act on the basis that Isbell used retail store space to sell products as opposed to only conducting sales in customers' homes?

• A) That the Arkansas Franchise Practices Act was inapplicable because it applied only to businesses with a fixed geographical location, and the plaintiff's claim of wrongful termination was dismissed.
• B) That the Arkansas Franchise Practices Act was inapplicable because insufficient sales were involved, and the plaintiff's claim of wrongful termination was dismissed.
• C) That the Arkansas Franchise Practices Act was applicable but that it allowed the franchisor to terminate the agreement.
• D) That the Arkansas Franchise Practices Act was applicable and rendered void the contract at issue.
• E) That the Arkansas Franchise Practices Act was applicable and rendered voidable the contract at issue based upon the choice of the franchisee.

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Definitions:

Discount Period

The time frame within which a payment can be made at a reduced rate before it reverts to the full price.

Accounts Receivable

The money owed to a business by its clients or customers for goods or services delivered but not yet paid for.

Credit Terms

Conditions under which credit is extended by a lender to a buyer, including repayment time frame and interest rate.

Invoice Date

The date on which an invoice is issued, marking the point in time when the billing process for goods delivered or services rendered begins.