Termination provisions of the franchise contracts may mean that the franchisee, who normally invests substantial time and financial resources in making the franchise operation successful, receives little or nothing for the business on termination.

Question

Social Studies

Sylvia Hull

9 July, 12:57

Termination provisions of the franchise contracts may mean that the franchisee, who normally invests substantial time and financial resources in making the franchise operation successful, receives little or nothing for the business on termination.

+1

Answers (1)

Know the Answer?

Tess French · Answer 1

Answer: true

Explanation: A franchise terminate is the breaking of a business agreement between a franchisee and a franchisor. Business and it's trademarks is usually the property of the franchisor and in any way, he can terminate a contract if it has been breach by the franchisee in the following ways; franchisee is ongoing criminal trial or convictions, bankruptcy, not paying debt when due or even when they loose their license. A franchisee can also terminate the contract if the franchisor has bankrupt, fraud and also if they do not own up to these part of the agreement.