CEU Electronic Theses and Dissertations, 2024
| Author | Sanni, Segun Olumide |
|---|---|
| Title | The Regulation of Business Format Franchise in California - Lessons For Nigeria |
| Summary | This thesis is set out to evaluate the existing legal framework of franchise in Nigeria, the adequacy of these regulations compared to what is obtainable with Franchise Law practice in the United States, briefly at the Federal level and under State legislation with the focus on California. At the Federal level, the law imposes a disclosure obligation on the franchisor in the sale of a franchise which is to be done within a time limit set by the rules. This brought about the disclosure laws which unlike the state laws is applicable to the pre-sale phase of a franchise. The states, in a bid to offer more protection to franchisees, enacted statutes with more stringent disclosure requirements like the California Franchise Investment Law in 1970 followed by the California Relationship Act that governs the post-sale franchise stage. The goal of this project is to answer the question why Nigeria needs a Franchise Law. To achieve the above stated goal, the thesis will do the following; Firstly, assess the existing laws and regulations in Nigeria, the extent of their application and identify the problems associated with the current practice with regards to Business Format Franchise in Nigeria. Secondly, it will examine Franchise business in the United States both at the Federal level under FTC Regulations and the regulatory framework in California. This work will examine how the U.S system resolve the problems highlighted in the Nigerian system. Thirdly, to ascertain whether the provisions of the U.S statutes can be wholly adopted into the Nigerian system or modified to fit the needs of the Nigerian business sphere. Finally, recommend to Nigerian Legislature practical and legal framework to adopt in promulgating a Franchise Law. |
| Supervisor | Tajti Tibor |
| Department | Legal Studies LLM |
| Full text | https://www.etd.ceu.edu/2024/sanni_segun.pdf |
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