|Received:||7/15/2006 9:47:03 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been affiliated with Quixtar since 1994 and I support truth and honesty in business dealings. Quixtar is an honest, reliable company. Requiring a seven day waiting period will adversely affect persons interested in business opportunities; Quixtar offers a money back guarantee. Requiring a list of "references" will infringe on the privacy of independent business owners, and, Quixtar affiliated business owners encourage prospects to meet other business owners personally. Requiring a list of all lawsuits, arbitrations, and other legal claims for the past 10 years involving Quixtar and its Independent Business Owners where the plaintiff alleged fraud, misrepresentation, or unfair trade practices – regardless of whether or not the accusation was true, would open up Quixtar and other legitimate companies to false accusations. Meanwhile, dishonest companies would simply ignore the rule; Quixtar is an honest company. Income disclosures: if required, keep it simple, like a standard, easily understood disclosure such as "average monthly gross income for 'active' business owners." Independent Business Owners should possess substantiation for any income claim and should not be required to disclose it except when required by the FTC and similar state agencies in an agency investigation.