Legal Question in Business Law in Arizona
Franchise Sales Agreement
Can the franchise buy back my business with out giving me any money back for what the business was worth? They say we just call it even, I don't owe them they and they don't owe me. My business is woth around $14,000.00 and I owe the franchisor $9,000.00
Asked on 8/17/07, 4:33 pm
1 Answer from Attorneys
James Jenkins
Jenkins Law Center PLC
Re: Franchise Sales Agreement
buyers and sellers can do what they mutually agree to do. Your rights under the franchise are determined by your contract.
Answered on 8/17/07, 10:54 pm
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