Franchising involves:
A) Takeover of an already active firm
B) A legal agreement that allows one business to be operated using the name and business procedures of another business that already exists
C) Running a family business
D) Starting a small business from scratch
Correct Answer:
Verified
Q22: A good franchise agreement must have an
Q23: The World Franchise Council (NFC) is a
Q24: The franchise agreement is not a legal
Q25: Every franchisor is required to provide potential
Q26: According to the text, which of the
Q28: In franchising, the parent company of the
Q29: A company that pays fees and royalties
Q30: Which of the following is NOT true
Q31: Which of the following is a leading
Q32: Which of the following is a drawback
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