Incurable Defaults

Unfortunately, on occasion, a franchisee's actions are so egregious that a franchisor decides that it needs to immediately terminate the franchise and declare that the relationship is irrevocably harmed: an incurable default.

17 minute read April 26, 2012 at 04:02 PM
By
Kevin Adler
Incurable Defaults

Franchising relationships are defined by contracts, but they are sustained when franchisors and franchisees trust each other and believe that the other is acting in the best interests of the brand and the system.

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