Applying the business judgment rule to the franchise relationship

Article Abstract:

The author explains how incorporation of the business judgment rule into the franchise relationship would benefit both franchisors and franchisees. The duties liabilities attached to the business judgment rule are more uniformly defined and reliable than those attached to the implied covenant of good faith and fair dealing.

Models, Business judgment rule, Duty

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Do franchisors need to rechart the course to Internet success?

Article Abstract:

The authors examine uncertainties over the future of Internet franchising. An arbitration panel decision addressing the impact of a the Drug Emporium' virtual drug store on an franchise agreement between the firm and its franchisees is discussed.

Management, Cases, Drug Emporium Inc., DEMP

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Franchise laws in the age of electronic communication

Article Abstract:

The authors address the application of Internet law to the franchising industry. Topics include state registration rules and the Internet, the use of firewalls by franchisor Web sites, and the electronic delivery of FTC disclosure documents.

Planning, Web sites (World Wide Web), Web sites

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