A leading apparel manufacturing firm in the United States invites applications to establish franchises in Texas.John, an entrepreneur, approaches the firm with a proposal.After doing routine background checks, the firm permits John to open a branch of the firm in a given area, use the firm's name, and operate a business within the guidelines of an agreement.In this scenario, John is a ________.
A) franchisor
B) franchisee
C) franchise
D) licensor
Correct Answer:
Verified
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