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You are the CPA for your client. Your client seeks your advice about purchasing a franchise Your client provides you with the information your client

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You are the CPA for your client. Your client seeks your advice about purchasing a franchise Your client provides you with the information your client received from the franchisor You find that this information says nothing about the amount of eaming your client can expect to make if your client decides to buy the franchise. What do you advise your client about the absence of such camningsinformation O a You advise your client to seek the advice of an attorney before making a decision. However, it is your understanding that the franchisor is requited by law to provide earnings information. Such earningsinformation must be based on actual data and disclose the number and percentage of existing franches that have achieved this result Ob ou advise your client to seek the advice of an attorney before making a decision. However, it is your understanding that the franchisor is required by law to provide earnings information. Such earnings information must be based on actual data and disclose the number and percentage of existing franchises that have achieved this result Oc None of the other choices are correct. Od You advise your client to seek the advice of an attorney before making a decision. However, it is your understanding that the franchisor is required by law to provide eamings information. Such camningsinformation must be based on hypothetical examples with an explanation of reasonable assumptions Oe You advise your client to seek the advice of an attomey before making a decisioni However, it is your understanding that the franchisor is not obligated to provide camningsinformation, but must do so upon request

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