Match the term with its definition.
-The operation of several franchised businesses within a single corporate structure
A)franchise
B)franchise contract
C)Franchise Disclosure Document (FDD)
D)franchisee
E)Franchise Rule
F)franchising
G)franchisor
H)multibrand franchising
I)nondisclosure agreement
J)piggyback franchising

Question

Quizplus · Accepted Answer

Multibrand franchising involves operating multiple franchise brands within a single corporate structure.

Answer: G
 A franchisor is the entity that owns the franchise system and grants the right to use its trademark and business model to franchisees.

Answer: F
 Franchising is the business model in which a franchisor grants the right to use its trademark and business model to franchisees in exchange for fees and royalties.

Answer: J
 Piggyback franchising involves adding a new franchise brand to an existing business location, using the same staff, resources, and customer base.

Answer: C
 The Franchise Disclosure Document (FDD) is a legal document that franchisors must provide to prospective franchisees, containing information about the franchise system, its history and financial performance, and the terms and conditions of the franchise contract.

Answer: D
 A franchisee is an individual or entity that has been granted the right to operate a franchised business under a franchise contract.

Answer: A
 A franchise is a type of business arrangement in which a franchisor grants the right to use its trademark and business model to franchisees in exchange for fees and royalties.

Answer: B
 The franchise contract is a legal agreement between the franchisor and franchisee that outlines the terms and conditions of the franchised business relationship.

Answer: I
 A nondisclosure agreement is a legal document that outlines the terms of confidentiality between parties, typically signed between the franchisor and franchisee to prevent the disclosure of confidential business information.

Match the Term with Its Definition