The Preparation and Identification of N-Fluoro-N'-Trifluoromethyldiazine-N'- Oxide

Moral Hazard, Path Dependency and Failing Franchisors: Mitigating Franchisee Risk Through Participation

“…In Australia, 42 per cent of brands began franchising immediately, or within the first year of operation. 40 The evidence does show that both new and long-established franchisors can fail. 41…”

“…In fact, in Australia, as already noted, many franchisors start franchising without having experienced a full 12 months' trading. 50 Finally, it is assumed that franchisees are business people who should conduct proper due diligence, take professional advice, negotiate better contracts and that, having decided to buy a franchise, must cope with their decision. Franchisees generally do conduct better due diligence than buyers of independent small businesses, 51 but not all do so.…”