Which of the following is not a part of the definition of Franchising?
A) Two party legal agreement
B) One party obtains the right to sell a specific product or service
C) The two parties are brought together by a facilitator
D) One party allows another to do business as it specifies to gain certain benefits

Question

Quizplus · Accepted Answer

The definition of Franchising does not include the idea that the two parties are brought together by a facilitator. While there may be third-party companies that facilitate franchise agreements, it is not a necessary component of the definition of franchising. The other three options are all integral parts of a franchise agreement.

Which of the Following Is Not a Part of the Definition