Tadashi's uncle passed away and left him a Realty Experts franchise. Tadashi is not a licensed agent or broker, nor does he know the first thing about the real estate business. He plans to sell his Realty Experts franchise to his friend Devonte, who recently got his real estate license. One of the advantages of owning a franchise is that you can decide to sell out to anyone you think is suitable for the business. a. True
b. False

b. False

Explanation:

Since in the question it is mentioned that Uncle has passed away and the franchise of realty experts had left him also tadashi is not a license agent or broker or neither he had any idea related to the real estate business so he decided to sell this franchise to his friend Devenote who has already license

So as per the given situation, it should not be sold as the permission is required from the parent company to sell off this franchise

Therefore the given statement is false

answer; rapid growth in buyer demand and high buyer switching cost;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.