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Happy Burgers Is a Successful Fast Food Restaurant

Question 1

Multiple Choice

Happy Burgers is a successful fast food restaurant.Having decided to expand its operation,Happy Burgers decides to approach independent business people with the intention of licensing its operation to them,finding them a location for a Happy Burgers restaurant,setting up the restaurant,and training them in its operation.In return,they will pay Happy Burgers a royalty fee based on a percentage of their gross sales.This arrangement is an example of


A) an agreement of purchase and sale.
B) a license agreement.
C) a franchise agreement.
D) an agency agreement.
E) a royalties agreement.

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