The potential value of any franchise arrangement is defined by the rights outlined in the franchise contract.

Question

Quizplus · Accepted Answer

The rights and obligations outlined in the franchise contract determine the potential value of a franchise arrangement. These can include the right to use the franchisor's trademarks, operating systems, business processes, and other intellectual property, as well as support and training from the franchisor. The terms of the contract can also impact the financial obligations and restrictions placed on the franchisee.

The Potential Value of Any Franchise Arrangement Is Defined by the Rights