Although they are similar,agency and franchising have important differences.One of the most significant of these is that
A) franchisees are not in an agency relationship with the franchisor.
B) franchising does not permit a business to expand rapidly.
C) in agency,the principal does not invoke the assistance of the agent to reach out to the wider public.
D) independent agents do not market the principal's products like franchisees market the franchisor's products.
E) agents do not have any legal relationship with the principal.
Correct Answer:
Verified
Q25: Agency by estoppel goes hand in hand
Q26: A franchise agreement most likely gives the
Q27: A company that represents,either by words suggestive
Q28: Barney explains to Mrs.Adams that the contract
Q29: Ratification of a contract by a principal
Q31: Gene Stone told the Harders that he
Q32: A franchisor guarantees that its franchisee will
Q33: An agency agreement comes to an end
Q34: An agency agreement may be express or
Q35: An agent's authority may be terminated on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents