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New Jersey Franchise Law Legal Questions

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1 legal question has been posted about franchise law by real users in New Jersey. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. All topics and other states can be accessed in the dropdowns below.
New Jersey Franchise Law Questions & Legal Answers
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Franchise Law
New Jersey

Recent Legal Answers

Is a franchiser required to tell you why you were denied for a franchise with their company?

Answered 14 years and 2 months ago by Sara Straight Wolf (Unclaimed Profile)   |   1 Answer
There are no state or federal laws requiring a franchisor to tell a franchisee why the franchisor was denied a franchise.  The franchisor may do business with anyone that it wants to do business with and may reject a person's application for any reason.  However, the franchisor has to follow the standards it set out in the Franchise Disclosure Document and in the Franchise Agreement for returning or not returning the franchise fee or any other fee the applicant previously paid to the franchisor. Verified Credentials, Inc. is not a credit rating agency.  It appears from your question that this company  performed investigation services for the franchisor, but they must have requested your credit report from Transunion, which is a credit reporting agency.  You can obtain a copy of your credit report from Transunion, Equifax or Experian, and any of these three agencies will tell you what inquiries have been made on your credit report. I am an attorney licensed to practice law in the State of Ohio and I am not admitted to practice law in the State of New Jersey.  This answer is intended to give general legal information and does not constitute legal advice on your particular situation.  No attorney client relationship is created by my answer to your question.... Read More
There are no state or federal laws requiring a franchisor to tell a franchisee why the franchisor was denied a franchise.  The franchisor may do... Read More