Golden rule? (Federal Trade Commission Franchise Rule)

From: Entrepreneur | Date: April 1, 1996| Author: Chun, Janean | Copyright information

Most franchisees believe that the Federal Trade Commission's Franchise Rule should be abolished. They contend that it tends to mislead would-be franchisees into believing that they are protected against fraudulent franchisors.

Industry insiders wonder whether the FTC Franchise Rule is ineffective, or simply obsolete.

To protect you, we've required this information to be given to you." So says the Federal Trade Commission (FTC) on the cover of almost every disclosure docum...

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