The ________ contains 23 categories of information that give a prospective franchisee a broad base of information about the background and financial health of the franchisor.
A) Franchise Due Diligence Certificate
B) Franchise Offering Contract
C) Standardized Franchise Contract
D) Franchise Disclosure Document
E) Franchise Code of Conduct

Question

Quizplus · Accepted Answer

The document that contains 23 categories of information about the franchisor, including its financial health and background, is the Franchise Disclosure Document (FDD). This document is required by the Federal Trade Commission in the United States and must be provided to prospective franchisees before they sign a franchise agreement.

The ________ Contains 23 Categories of Information That Give a Prospective