It goes more like:
reply"How did you acquire these sets?"
"We acquired them from the previous franchisee when we purchased the store. Here's the contract we signed to acquire the store and contents, here's the payment we made"
"Okay thanks that checks out"
There wasn't a signed contract with the previous franchisee from what I can see.
replyAnd even then, the trail audit goes further as the previous franchisee didn't have a proof of purchase of $200k of inventory.