Air Travel Claims: A Guide to Rights and Responsibilities

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Business opportunity, as used in this act, does not include the sale of a franchise as defined in section 2 of Act No. 269 of the Public Acts of 1974, being section 445.1502 of the Michigan Compiled Laws, or the sale of an ongoing business if the owner of that business sells and intends to sell only that single business opportunity. (b) "Documentary material" includes the original or copy of a book,record, report, memorandum, paper, communication, tabulation, map, chart, photograph, mechanical transcription, or other tangible document or recording, wherever situated. (c) "Person" means a natural person, corporation, trust, partnership, incorporated or unincorporated association, or other legal entity. (d) "Trade or commerce" means the conduct of a business providing goods, property, or service primarily for personal, family, or household purposes and includes the advertising, solicitation, offering for sale or rent, sale, lease, or distribution of a service or property, tangible or intangible, real, personal, or mixed, or any other article, or a business opportunity. "Trade or commerce" does not include the purchase or sale of a franchise, but does include pyramid and chain promotions, as "franchise", "pyramid", and "chain promotions" are defined in Act No. 269 of the Public Acts of 1974, being sections 445.1501 to 445.1545 of the Michigan Compiled Laws. 445.903 Unfair, unconscionable, or deceptive methods, acts, or practices in conduct of trade or commerce; rules.

Pages: 290

Publisher: HPEditions; 1 edition (January 16, 2016)

ISBN: 0994324014

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