A franchisee pays a royalty fee for the continued use of a franchisor's trade name, property, and assistance.

Name: A franchisee pays a royalty fee for the continued use of a franchisor's trade name, property, and assistance.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

This is correct as a franchisee typically pays a royalty fee to the franchisor in exchange for the right to use their trade name, property, and receive ongoing assistance and support.

A Franchisee Pays a Royalty Fee for the Continued Use