Most franchisors and franchisees are

Question

Quizplus · Accepted Answer

Most franchisors and franchisees are organized as corporations or limited liability companies (LLCs) to limit personal liability and provide structure for managing the franchise operation. While partnerships and sole proprietorships are also common business structures, they may not provide the same level of protection and organization required for a franchise. Social enterprises may also use the franchise model, but it is not the most common structure for such businesses.

Most Franchisors and Franchisees Are