In-Home Maid Service Company Uses a Web Site to Provide

question 28

Multiple Choice

In-Home Maid Service Company uses a Web site to provide downloadable in?formation to prospective franchises.This online information is the equivalent of an offer that must comply with

• A)the Automobile Dealers' Franchise Act of 1965.
• B)the Petroleum Marketing Practices Act of 1979.
• C)the Federal Trade Commission's Franchise Rule.
• D)the state Franchise Disclosure Document,or FDD.

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Definitions:

Buyout Price

The agreed amount for which an ownership interest in a business can be purchased outright.

Court Order

A formal instruction issued by a court that requires a person or entity to do or not do something.

Mining Partnerships

A specific type of partnership formed usually for the purpose of exploring for, developing, and operating mines and extracting minerals.

Dissolution

The process of officially ending the existence of a legal entity such as a company or partnership.