Franchisor Liability in the Face of Misrepresentation

Published on 12/19/2018
Categories: Federal Law, Franchises, Illinois Law

 

When considering franchise opportunities, due diligence is absolutely necessary prior to purchasing any franchise in order to protect yourself and your investment.  What are your options when a franchisor misrepresents the estimated costs to operate a franchise in a disclosure document? Specific contract language for franchise liability will help to protect franchisees from purposeful fraud or misunderstandings.

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