Franchising Code of Conduct.

Tristan manages a chicken burger shop under the Bob's Burgers franchise.Tristan becomes ill and wants to transfer his interest in the shop to his brother Kevin, who helped him with the business for 20 years. However, Bob's Burgers Ltd, the franchisor, refuses to agree to the transfer, despite Kevin's good business reputation.

Is Bob's Burgers Ltd entitled to refuse this transfer? Explain.