Good Faith and Fair Dealing Are Not Important in Terminating

question 26

True/False

Good faith and fair dealing are not important in terminating a franchise relationship.

---

Definitions:

Gains From Trade

The increase in utility or welfare that countries or individuals obtain by engaging in voluntary exchange of goods and services.

Price Differential

The difference in price between two related goods, markets, or levels of supply chain.

Rational Decision Maker

A person who uses logic and reasoning, weighing costs and benefits, to make choices that maximize their satisfaction.

Business Trip

A journey undertaken for work or professional purposes, often involving travel outside one's regular place of business.