Assignment:
Question 1: Star Resorts Corporation wants to terminate its franchise arrangement with Tony. Their contract does not provide for notice of termination or set a time for winding up the business. This means that to wind up, Tony (Indicate your choice and offer 1-2 sentences with examples from your reading materials to explain your choice):
1. has a reasonable time, with notice.
2. has whatever time Star Resorts determines, with or without notice.
3. is entitled to notice, but nothing more.
4. must close immediately.
Question 2: Bret buys a franchise from Comida Mexicano Ltd. If their agreement is like most franchise agreements, it will specify that Comida can terminate the franchise (Indicate your choice and offer 1-2 sentences with examples from your reading material to explain your choice):
1. at will
2. for any reason
3. for cause only
4. for no reason