Presiding Justice CHAPMAN delivered the opinion of the court:
On August 25, 1992, the plaintiffs, franchisees of C & M Video, Inc. (C & M), filed suit alleging that C & M and Terry Monroe committed common law fraud, violated the disclosure provisions of the Franchise Disclosure Act of 1987 (815 ILCS 705/1 et seq. (West 1992)), and breached their franchise agreements.
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