Burger Heaven, a U.S. firm, makes a deal with a Canadian firm, Donny's Diners, that allows Donny's to use Burger Heaven's intellectual property in Canada in return for a fee and a promise to follow Burger Heaven's guidelines and standards. This is

Question

Quizplus · Accepted Answer

This arrangement is a franchise, where Donny's Diners is allowed to use Burger Heaven's intellectual property and must adhere to its guidelines and standards in exchange for a fee.