Exam 40: Franchise and Special Forms of Business

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Which of the following data must a franchisor disclose if the franchisor makes sales or earnings projections for a potential franchise location that are based on the actual sales, income, or profit figures of an existing franchise?

(Multiple Choice)
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An apparent agency is created when a franchisor and franchisee use the same trade name and trademarks but make no effort to inform the public of their separate legal status.

(True/False)
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Joint venturers are permitted to create a corporation that operates the joint venture.

(True/False)
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Which of the following federal agencies is empowered to enforce federal franchising rules?

(Multiple Choice)
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