Question

Nico is interested in buying a franchise from Oz Inc. For Nico to make an informed decision concerning this purchase, Oz must disclose in writing or online:a.general estimates of costs and sales, but not the basis for them.b.material facts such as the basis of projected earnings figures.c.no information.d.the money the franchisor makes from all its franchise sales.

Answer 1

Answer: b.material facts such as the basis of projected earnings figures.

Step-by-step explanation:

A franchise simply means when a company allows another company to use it's brand and name in order to help the distribution of its products. The franchisee in this case pays a certain amount to the franchisor.

Bare on the above situation in the question, Oz must disclose in writing or online material facts such as the basis of projected earnings figures.