What Are Some Indicators That a Potential Franchisee Might Be

question 64

Essay

What are some indicators that a potential franchisee might be dealing with a dishonest franchise? What steps can a potential franchisee take to avoid becoming a victim of a dishonest franchise?

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Definitions:

N.S.F.

Stands for "Non-Sufficient Funds," indicating that a bank account does not have enough balance to cover a transaction.

Antique Desk

A desk of old age valued for its historical significance, craftsmanship, or rarity.

Rectification

The process of correcting a mistake in a legal document to reflect the true intent of the parties involved.

Mutual Mistake

A situation where all parties involved in a contract have a shared and incorrect belief about a fundamental fact affecting the agreement.