Business, 24.06.2020 22:01 ayoismeisalex

C. B. Management, Inc., had a franchise agreement with McDonald's Corp., to operate McDonald's restaurants in Cleveland, Ohio. The agreement required C. B. to make monthly payments of certain percentages of the gross sales to McDonald's. If any payment was more than thirty days late, McDonald's had the right to terminate the franchise. The agreement also stated that even if McDonald's accepted a late payment, that would not "constitute a waiver of any subsequent breach." McDonald's sometimes accepted C. B.'s late payments, but when C. B. defaulted on the payments in July 2010, McDonald's gave notice of thirty days to comply or surrender possession of the restaurants. C. B. missed the deadline. McDonald's demanded that C. B. vacate the restaurants, but C. B. refused. McDonald's alleged that C. B. had violated the franchise agreement. C. B. claimed that McDonald's had breached the implied covenant of good faith and fair dealing. Required:
a. Which party should prevail, and why?
b. Who is the franchisor?
c. Who is the franchisee?
d. In a franchise relationship, the dependent on

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 13:00

The person in charge of managing the reputation of a brand is called?

Answers: 2

Answer

Business, 21.06.2019 21:00

Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.

Answers: 1

Answer

Business, 22.06.2019 11:40

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.

Answers: 2

Answer

Business, 22.06.2019 13:10

Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .

Answers: 1

Answer

You know the right answer?

C. B. Management, Inc., had a franchise agreement with McDonald's Corp., to operate McDonald's resta...

Questions