Question: The franchise relationship is defined by the select answer between the franchisor and the franchisee. To prevent arbitrary or bad faith terminations, a state law
The franchise relationship is defined by the
select answer
between the franchisor and the franchisee. To prevent arbitrary or bad faith terminations, a state law may prohibit termination without
select answer
or require that certain procedures be followed in terminating a franchise. Generally, statutes and the case law governing franchising tend to emphasize the importance of
select answer
and fair dealing in franchise relationships. This requires that the parties act
select answer
and in good faith in fulfilling their contractual duties. If either party fails to perform its contractual duties according to the franchise contract, that party may be subject to a lawsuit for
select answer
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