Before entering a franchise contract, a potential investor should ask, "What can a franchise do for me that I cannot do for myself?"

Indicate whether the statement is true or false

TRUE

Business

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_______________: A repeating amount of cash inflow or outflow, flow normally begins at end of first period, sometimes at time zero

Fill in the blank(s) with the appropriate word(s).

Business

Each closed real estate transaction requires a report to be filed with the IRS on form 1099. Required information includes the seller's name, social security number and:

a. buyers name and social security number b. the selling price of the property c. the name of the mortgage lender d. the legal description of the property

Business