The Obligation to Disclose Essential Information in Franchise Agreement

The Obligation to disclose essential information is important either in theoretical and practical approach. This means that in order to enjoy the necessary knowledge to achieve decision-making and formation of contract, the information that is effective to create legal consent should be revealed to the opposite side. In Franchise agreement; violation of this obligation that is one of accessories and necessities in good faith negotiation process, contract conclusion and implementation of contract have a great effect on relations of the parties to the contract. This article also analyzes purview and remedies of the violation of that obligation in Iranian legal system.