Under a franchising agreement,McDonalds or Hilton might supply a local businessman in Cairo with its intangible property and operational knowledge.

Question

Quizplus · Accepted Answer

This is true. Franchising agreements allow the franchisor (such as McDonalds or Hilton) to supply its intangible property and operational knowledge to a local franchisee in exchange for fees and royalties.

Under a Franchising Agreement,McDonalds or Hilton Might Supply a Local