Representations of income or earning potential

  1. Law
  2. Maryland Code
  3. Business Regulation
  4. Business Opportunities, Franchises, and Multilevel Distribution Companies
  5. Business Opportunities
  6. Representations of income or earning potential

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    In connection with an offer to sell or sale of a business opportunity, a person may not represent that the business opportunity provides income or earning potential of any kind unless:

        (1)    the seller has documentation to substantiate the representation; and

        (2)    the person discloses the documentation to the prospective buyer when the representation is made.


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