The Arkansas Lemon Law - When Your New Vehicle Goes Sour

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Language: English

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Under the Texas Business Opportunity Act, a business opportunity is regulated by the law if (1) it requires you, the buyer, to pay $500 or more to start the business, AND (2) the seller promises you will earn or are likely to earn a profit exceeding the initial investment, AND (3) the seller promises any one of the following: the seller will provide locations or help you find locations on property not owned by either you or the seller for the use of or operation of the products, equipment, supplies, or services the seller is leasing or selling; the seller will provide a sales, production, or marketing program; this does not apply if the arrangement is defined as a "franchise" under federal regulation and certain requirements are met; the seller will buy back any products, supplies, or equipment purchased, or any product made, fabricated, grown or bred by the purchaser using equipment or products sold or leased by the seller.

Pages: 73

Publisher: CCN Publications (April 1, 2012)


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