The Sandwich Emporium, Inc. sells the rights to use its name and sell its signature sandwiches in a given market area to those willing to pay agreed-upon fees and meet specific contractual terms. The Sandwich Emporium is
A) offering investors the opportunity to form limited partnerships.
B) a franchisor.
C) creating private subsidiary companies.
D) offering a tax-free investment potential.

Question

Quizplus · Accepted Answer

A franchisor is someone with a good idea for a business who sells the rights to use the business name and to sell its products or services in a given territory.