CA Franchise Specialist Practice Questions - California Certified Specialist - Franchise & Distribution Law Exam

Under the FTC Franchise Rule, a franchisor must update its FDD when?

Only when a state regulator requests it Annually, within 120 days after the close of the franchisor's fiscal year, plus quarterly updates for material changes Every two years on the anniversary of initial registration Only when a new franchisee signs an agreement

Correct Answer:

Annually, within 120 days after the close of the franchisor's fiscal year, plus quarterly updates for material changes

Access more questions from this quiz

Continue to CA Franchise Specialist Practice Questions - California Certified Specialist - Franchise & Distribution Law Exam for more practice questions and the full quiz experience.

Access More Questions