November 16, 2011 - Sole Proprietorships & Private Franchises

1. What four factors does an entrepreneur need to consider?

2. Define sole proprietorship.

3. List four advantages of a sole proprietorship.

4. List three disadvantages of a sole proprietorship.

5. Brief Garden City Boxing Club v. Dominguez.

6. Define franchise.

7. What is the difference between a franchisor and franchisee?

8. Describe a distributorship.

9. Describe a chain style business.

10. Describe a manufacturing plant arrangement.

11. What federal law governs franchising?

12. What is the "franchise rule"?

13. Describe the franchise contract.

14. Brief LJL Transportation v. Pilot Air Freight Corp.

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