Madeline very much wants to be a franchisee of BurgerBarn, a popular chain-style business operation. BurgerBarn shows Madeline the franchise contract, which includes the requirement that all franchisees obtain materials and supplies exclusively from BurgerBarn. Madeline objects to this provision. This contract term is:
a.) unenforceable because it violates antitrust laws.
b.) unenforceable because it violates the Federal Trade Commission's (FTC) Franchise Rule.
c.) enforceable because franchisees cannot negotiate contract terms with franchisors
d.) enforceable because franchisors are permitted to require franchisees to obtain materials and supplies only from them.
d.) enforceable because franchisors are permitted to require franchisees to obtain materials and supplies only from them.
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A) kiosk B) online C) podcast D) vodcast E) mobile phone
An auditor's engagement letter most likely would include a statement that:
a. Lists potential significant deficiencies discovered during the prior years audit b. Explains the analytical procedures that the auditor expects to apply c. Describes the auditors responsibility to evaluate going concern issues d. Limits the auditors responsibility to detect errors and fraud