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MinYe Thway
on Nov 09, 2024

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A disclosure statement should include a description of the lawsuits in which the franchisor and its officers, directors, and management personnel have been involved, also known as ______.

A) litigation
B) justification
C) intellectual property
D) legal obligations

Disclosure Statement

A document that outlines critical information about a transaction or investment, required by law to be presented to a potential buyer or investor.

Litigation

The process of taking legal action or resolving disputes in court.

Intellectual Property

A range of legal rights that grant creators protection for their original works, inventions, or the appearance of products, which can include patents, copyrights, trademarks, and trade secrets.

  • Learn about the purpose of disclosure statements in franchising operations and the regulatory requirements.
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BD
Bradley DonaldsonNov 16, 2024
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