The individual who arranges for a dealer to handle a specific product or service under certain mutually agreed-upon conditions is known as the
A)franchisee.
B)franchisor.
C)proprietor.
D)partner.

Question

Quizplus · Accepted Answer

The franchisor is the individual or company that grants the license to a third party for the conducting of a business under their marks. The franchisor owns the overarching company, trademarks, and products, but gives the right to the franchisee to run the franchise location, under agreed conditions.

The Individual Who Arranges for a Dealer to Handle a Specific