A__________ is the share of profits or percentage of sales a franchisee pays to a franchisor.
A)royalty
B)dividend
C)co-pay
D)premium

Question

Quizplus · Accepted Answer

The term "royalty" refers to the share of profits or percentage of sales a franchisee pays to a franchisor for the right to operate under the franchisor's brand and system. Dividend refers to a payment made to shareholders of a company, co-pay refers to a payment made by an insured individual for healthcare services, and premium refers to the cost of insurance coverage.

A__________ Is the Share of Profits or Percentage of Sales