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BUSINESS OPPORTUNITY WATCHDOG
What is a Biz Opp?

FEDERAL LAW

BUSINESS OPPORTUNITY STATUTES  - DEFINITIONS
Title 16--Commercial Practices; Revised as of January 1, 1986
CHAPTER I--FEDERAL TRADE COMMISSION
SUBCHAPTER D--TRADE REGULATION RULES
CFR 436--DISCLOSURE REQUIREMENTS AND PROHIBITIONS CONCERNING FRANCHISING AND BUSINESS OPPORTUNITY VENTURES

As used in this part, the following definitions shall apply:
(a)The term "franchise" means any continuing commercial relationship created by any arrangement or arrangements whereby:

FOLLOWED BY: 42 lines of “inclusion” language and 30 lines of “exception” language.
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