Franchise Information Produced by Federal Agency
Which source of franchise information is produced by a federal agency?
a. Buying a Franchise: A Consumer Guide b. Website of Entrepreneur magazine c. Francorp d. Franchise list for the International Franchise Association
Answer:
The franchise information source produced by a federal agency is "Buying a Franchise: A Consumer Guide" (option a).
Buying a Franchise: A Consumer Guide is typically published by the Federal Trade Commission (FTC) in the United States. The FTC is a federal agency that promotes consumer protection and fair business practices. The guide provides valuable information for individuals interested in buying a franchise, including important considerations, legal requirements, and potential risks. It aims to educate and empower consumers to make informed decisions when entering into a franchise agreement.
The information provided by a federal agency like the FTC carries authority and credibility due to its regulatory role in overseeing business practices, making it a reliable source for franchise-related information.