Golzstar, a famous beauty salon chain based in the U.S., plans to expand its business overseas. It decides to open a salon in London. Due to the prohibitive costs of doing so, it allows a local entrepreneur, Marjorica, to provide beauty services under its trade name. However, any failure to conform to Golzstar's standards of services on the part of Marjorica will result in termination of the agreement. Identify the type of agreement between Golzstar and Marjorica. How will Golzstar benefit from this agreement?

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The Answer of Golzstar, a famous beauty salon chain based in the U.S., plans to expand its business overseas. It decides to open a salon in London. Due to the prohibitive costs of doing so, it allows a local entrepreneur, Marjorica, to provide beauty services under its trade name. However, any failure to conform to Golzstar's standards of services on the part of Marjorica will result in termination of the agreement. Identify the type of agreement between Golzstar and Marjorica. How will Golzstar benefit from this agreement?

Golzstar, a Famous Beauty Salon Chain Based in the U