Question 1

Why do most franchisors use the UFOC format for disclosure?

Accepted Answer

A) not all states accept the FTC rule format. 
B) the UFOC covers more ground than the FTC rule format. 
C) the FTC rule format covers more ground and is more complicated to use. 
D) the UFOC is accepted in more registration states than the FTC rule format. 
A) not all states accept the FTC rule format. 
B) the UFOC covers more ground than the FTC rule format. 
C) the FTC rule format covers more ground and is more complicated to use. 
D) the UFOC is accepted in more registration states than the FTC rule format. A

Question 2

Which of the following is NOT true about the Franchise Agreement?

Accepted Answer

A) most of its components are the subject of specific disclosure under the FTC rule. 
B) it is generally a static,unchanging document. 
C) it is useful for a broad spectrum of businesses. 
D) it has evolved as a result of the way franchising has come to be regulated by state and federal laws. 
A) most of its components are the subject of specific disclosure under the FTC rule. 
B) it is generally a static,unchanging document. 
C) it is useful for a broad spectrum of businesses. 
D) it has evolved as a result of the way franchising has come to be regulated by state and federal laws. B

Question 3

When must the disclosure document be delivered,according to the FTC Rule?

Accepted Answer

A) at the first personal,face-to-face meeting 
B) 10 business days before the franchisee executes a binding legal document or makes any payment 
C) whichever of these comes first 
D) whenever the franchisor deems it appropriate 
A) at the first personal,face-to-face meeting 
B) 10 business days before the franchisee executes a binding legal document or makes any payment 
C) whichever of these comes first 
D) whenever the franchisor deems it appropriate C

Question 4

Which of the following allows a developer to build a num?ber of franchised businesses in a particular market area?

Accepted Answer

A) Franchise Agreement 
B) Sub-Franchising Contract 
C) Area Development Agreement 
D) UFOC 
A) Franchise Agreement 
B) Sub-Franchising Contract 
C) Area Development Agreement 
D) UFOC

Question 5

What sort of disclosure document is required by the FTC Rule?

Accepted Answer

A) the format prescribed by the FTC 
B) the UFOC,or uniform franchise offering circular 
C) both of the above formats 
D) one of the above formats 
A) the format prescribed by the FTC 
B) the UFOC,or uniform franchise offering circular 
C) both of the above formats 
D) one of the above formats

Why do most franchisors use the UFOC format for disclosure?

Which of the following is NOT true about the Franchise Agreement?

When must the disclosure document be delivered,according to the FTC Rule?

Which of the following allows a developer to build a num?ber of franchised businesses in a particular market area?

What sort of disclosure document is required by the FTC Rule?

Franchising: History and Overview

Recognizing Franchising Opportunities

The Franchisor Business Plan

Franchisor Management, Organization and Administrative Policy

The Franchise Marketing Process

Selling Franchises and Marketing Research

Co-Branding

Managing the Franchisors Operations Process

Location and Site Selection

Accounting and Financial Statements: Presentation and Uses

Financial Management and Fiscal Planning Tools and Techniques

Information Systems in Franchising

Trademarks, Copyrights, Patents, and Trade Secrets Stage Five: the Franchisee

Investigating Franchise Opportunities

Financing Your Franchised Business

Marketing the Franchisee Business

Managing the Franchisee Business Stage Six: the Franchiserfranchisee Relationship

The Franchising Relationship

Franchiser Support Services Stage Seven: Current Issues in Franchising

Social Responsibility and Business Ethics

International Franchising

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Exam 13: Franchise Legal Documents

Why do most franchisors use the UFOC format for disclosure?

Which of the following is NOT true about the Franchise Agreement?

When must the disclosure document be delivered,according to the FTC Rule?

Which of the following allows a developer to build a num?ber of franchised businesses in a particular market area?

What sort of disclosure document is required by the FTC Rule?

Franchising: History and Overview

Recognizing Franchising Opportunities

The Franchisor Business Plan

Franchisor Management, Organization and Administrative Policy

The Franchise Marketing Process

Selling Franchises and Marketing Research

Co-Branding

Managing the Franchisors Operations Process

Location and Site Selection

Accounting and Financial Statements: Presentation and Uses

Financial Management and Fiscal Planning Tools and Techniques

Information Systems in Franchising

Trademarks, Copyrights, Patents, and Trade Secrets Stage Five: the Franchisee

Investigating Franchise Opportunities

Financing Your Franchised Business

Marketing the Franchisee Business

Managing the Franchisee Business Stage Six: the Franchiserfranchisee Relationship

The Franchising Relationship

Franchiser Support Services Stage Seven: Current Issues in Franchising

Social Responsibility and Business Ethics

International Franchising

Filters