Section 14-202 - Legislative policy(a) The General Assembly finds that: (1) the widespread sale of franchises has created many investment and business problems; and(2) franchisees have suffered substantial losses when the franchisor or its representative has not given complete information about:(i) the franchisor-franchisee relationship;(ii) the franchise agreement; and(iii) the business experience of the franchisor or its representative.(b) The intent of this subtitle is to: (1) give each prospective franchisee necessary information about any franchise offer;(2) prohibit the sale of franchises if the sale would lead to fraud or a likelihood that the franchisor's representations would not be fulfilled; and(3) protect the franchisor-franchisee relationship.