A(n)________ fee is a fee for the continued use of the franchisors trade name,property,and assistance that is often computed as a percentage of the franchisee's gross sales.

Question

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A royalty fee, as described in the prompt, is a fee paid by the franchisee for the right to continue using the franchisor's trademark, property, and support. This fee is often calculated as a percentage of the franchisee's gross sales. Option A, initiation fee, refers to the one-time fee paid by the franchisee to begin operating the business. Option B, installment fee, may refer to a payment plan for other fees or expenses, but not for the continued use of the franchisor's name and support. Option C, periodic fee, is a general term and can refer to any fee that is paid at regular intervals. Option E, commoner, is unrelated and not a valid choice in this context.

A(n)________ Fee Is a Fee for the Continued Use of the Franchisors