Posted by MikeT23 on 10/13/2016 3:37:00 PM (view original):
No, it's not. But WifS is trying to stop us from being stupid. A noble cause but those who are determined to be stupid will find a way.
I understand why they do it. But I think sometimes they go too far. I think they should protect us from ourselves, so we don't cripple a franchise or a world. But putting a max on how much an IFA will accept is overdoing it, IMO. It's unnecessary as it only hurts that owner - and it will likely be a valuable learning experience for him if it doesn't work out.
If I take over a franchise and the previous owner signed an absolute dud in IFA for $20M, I'm inheriting a franchise that's no worse off than if he hadn't signed that IFA. That $20M wasn't coming to me anyway.