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A franchisor can mandate retail prices for the goods that a franchisee sells.

Members of a limited liability company can stipulate in their operating agreement provisions relating to dissolution.

In determining whether a franchisor acted in good faith when terminating a franchise agreement, a court will attempt to balance the rights of both parties.

A limited liability partnership must be formed in compliance with state statutes.

The franchise agreement is likely to set out standards for the franchise.

In determining whether a franchisor acted in good faith when terminating a franchise agreement, a court will attempt to balance the rights of both parties.

The franchise agreement is likely to set out standards for the franchise.

Dana is a member of Earthground Coffee, LLC, a limited liability company. Dana is liable for Earthground’s debts

A partner may not have the right to dissociate from the partnership.

In choosing a form of business organization for a new enterprise, one factor to be considered is the ability to raise capital.