Q1: Star Resorts Corporation wants to terminate its franchise
Q1: Star Resorts Corporation wants to terminate its franchise
arrangement with Tony. Their contract does not provide for notice of termination or set a time for winding up the business. This means that to wind up, Tony
(Indicate your choice and offer 1-2 sentences with examples from your reading materials to explain your choice):
-has a reasonable time, with notice.
-has whatever time Star Resorts determines, with or without notice.
-is entitled to notice, but nothing more.
-must close immediately.Q2: Bret buys a franchise from Comida Mexicano Ltd. If their agreement is like most franchise agreements, it will specify that Comida can terminate the franchise
(Indicate your choice and offer 1-2 sentences with examples from your reading material to explain your choice):
-at will
-for any reason
-for cause only
-for no reason
Please offer complete sentences, and at least APA references from provided course readings
http://franchiselaw.net/startups/usfranchiselawbasics.html’
http://franchiselaw.net/internationalfranchising.html
http://legal-dictionary.thefreedictionary.com/franchise
http://franchiselawyer.com/overview-of-franchising