MGT 418 Week 3 DQs

MGT 418 Week 3 DQs

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Attachments: MGT 418 N Week 3 DQs.docx [ Preview Here ]

What is the legal purpose of the Uniform Franchise Offering Circular (UFOC) and the Franchise Agreement?
What was your understanding about buying a franchise prior to reading the course materials this week?
What is the Federal Trade Commission's Rule 436?
Is it necessary to hire a lawyer when contemplating the purchase of a franchise? Why or why not?
How might you identify if the cost of a franchise is a good value or not?
What are some of the advantages and disadvantages of buying a franchise?

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