Two advantages of owning a franchise as a franchisee include ____.
A) Perceived quality of the brand and payment of high royalty fees.
B) Greater ability to secure financing and mandatory disclosures by the franchisor.
C) Known brand and lack of control over operating standards.
D) Legal assistance by franchisor and available on-site training from franchisor.
Correct Answer:
Verified
Q2: Which of the following organizational structures is
Q3: The earliest known franchisor was _.
A) McDonald's
Q4: The applicable law that governs a business
Q5: Organizations operating a business under an assumed
Q6: Owner-operator is a type of operating structure
Q7: Under the principal/agent relationship theory, an agent
Q8: A sole proprietorship is the safest legal
Q9: The legal entity which is taxed twice,
Q10: The least complex of all organizational structures
Q11: Limited liability companies are formed under federal
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