Multiple Choice
Mark lived in Kingston Ontario and purchased a Kleen Kar franchise for $80,000. A month after he bought the franchise he realized that the franchisor had failed to disclose most of the key information required under the Ontario law regulating franchises and had lied about key facts. Mark soon discovered Kleen Kar was almost bankrupt and the owners had been jailed previously for fraud. As a result Mark
A) could sue the franchisor's officers and directors personally
B) can have the contract rescinded
C) can get back his $50,000 and related costs
D) all of the above
E) can do nothing as he should have investigated more carefully before he bought the franchise
Correct Answer:

Verified
Correct Answer:
Verified
Q80: Unless there are terms in the partnership
Q81: A person starting a business can protect
Q82: The law which states that a partnership
Q83: Trade name means a name used by
Q84: A person who gives other persons the
Q85: Caterina Valente is given a job as
Q86: Krishna and Ravi operate a sari store
Q87: If an agent does not disclose that
Q89: A franchise agreement can be for a
Q90: A Court may make an order dissolving