sábado, 2 de agosto de 2014

Franchise termination

Franchise termination is termination of a franchise business license by a franchisor or a franchisee.
The United States Federal Trade Commission administrates oversight of preinvestment franchise disclusures via The Franchise Rule.
Franchise agreements are regulated in the United States under state law, rather than federal law.
Franchise termination agreement documents
Clauses in the franchise agreement will stipulate grounds for termination, remedies against termination, and the process by either the franchisee or franchisor to start termination. Several states in the U.S. restrict terminations unless there is "good cause," but not all states define this phrase in the same manner.
Franchise termination notice via franchise fraud
A franchisor that is practicing Franchise fraud will typically use a franchise termination process that was not disclosed in the Franchise agreement, Uniform Franchise Offering Circular...

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