Which of the following best describes the relationship between a franchisee and franchisor?

Question

Quizplus · Accepted Answer

The relationship between a franchisee and franchisor is that of parties to a contract. The franchisee enters into a contractual agreement with the franchisor to operate a business using the franchisor's trademark, products, and operating system. The franchisor provides support, training, and ongoing assistance in exchange for royalties and fees from the franchisee's business operations. This relationship is governed by the terms of the franchise agreement.

Which of the Following Best Describes the Relationship Between a Franchisee