| Comment Number: | 522418-10258 |
| Received: | 7/16/2006 12:49:32 AM |
| Organization: | IBO in the Quixtar Business |
| Commenter: | Nicolas Marchand |
| State: | OH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To the FTC: I commend the FTC for establishing fair practice laws when it comes to conducting business fairly in the United States. Our country was founded in the Free Enterprise System which is clear from our forefathers. I have owned my own home-based business powered by the Quixtar Corporation for the past 2+ years. Starting my own business has increased my patrotic level and I want to ensure that the same business rights are in place for my future grandchildren. I believe any business should have clear and fair policies in order to conduct business fairly. One of them should be a reasonable cancellation policy. I do not think that the FTC should mandate a 7 day waiting period after the disclosure statement is made. We should give people the freedom to decide the "timing" on when to start their own Independent Business. I also believe the proposed rule that requires at least 10 references is very vague and unneccesary. With over 1 million Quixtar IBOs how would a list of 10 references make a difference? Another area of disagreement I have in the proposed rule is disclosing the past 10 years of litagations. A lawsuit is filed againist Wal-Mart every few hours. Next time we shop at Wal-Mart should we have to read and sign off on the proposed lawsuits againist the corporation? I believe our court system is put in place for a valid reason and everyone is innocent until proven guilty. In our business in particular other people may of done things unfairly. We work only within our given organization and are unaffected by others who chose to not operate with the correct business ethics and morals. I believe the FTC can establish certain rules to prevent businesses from operating unfairly. Censorship of vaguely stated rules could negatively affect my independent business. Please be very specific when writing rules and keep the Free Enterprise System alive.