Midwest Auto Experts, Inc. sells franchises to prospective businesspersons who want to use the Midwest Auto Experts name and offer its products. In a franchise arrangement, Midwest Auto Experts would be the ________, and the buyer of the franchise is the ________.
A) owner; limited partner
B) co-signer; co-signee
C) franchisor; franchisee
D) franchisee; franchisor

Question

Quizplus · Accepted Answer

In a franchising arrangement, the person or company that sells the right to use the name and product is the franchisor, and the person who buys the rights is known as the franchisee.