business opportunity rule

GPTKB entity

Statements (16)
Predicate Object
gptkbp:instanceOf gptkb:legislation
gptkbp:appliesTo sellers of business opportunities
gptkbp:citation gptkb:16_CFR_Part_437
gptkbp:enforcedBy gptkb:Federal_Trade_Commission
gptkbp:excludes franchises covered by the Franchise Rule
https://www.w3.org/2000/01/rdf-schema#label business opportunity rule
gptkbp:jurisdiction gptkb:United_States
gptkbp:prohibits misrepresentations about business opportunities
gptkbp:purpose protect consumers from fraudulent business opportunity offers
gptkbp:requires disclosure of key information to prospective buyers
disclosure of cancellation or refund policies
disclosure of earnings claims
disclosure of legal actions against the seller
gptkbp:startDate March 1, 2012
gptkbp:bfsParent gptkb:16_CFR_Part_437
gptkbp:bfsLayer 6