The business arrangement,otherwise called a franchise opportunity,has three major components that constitute the essence of what is generally referred to as a franchise.Which one of the following is not part of a franchise business arrangement?
A) use of product or service
B) use of private labels to brand or trademark product or service
C) a franchisor's trademark and/or logo
D) payment of a royalty fee
Correct Answer:
Verified
Q1: Composite data about the franchise industry itself
Q2: The approach to be used by a
Q3: A dealer who distributes product from a
Q4: Probably the earliest example of franchising in
Q5: The number of franchised business establishments has
Q7: In the franchise industry,the person or business
Q8: A major reason for success of franchising
Q9: Which of the following industries provides the
Q10: In 1979,the Federal Trade Commission established Rule
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