In a franchise agreement, the franchisee pays royalties fees in exchange for the right to use and/or manufacture copyrighted, patented or service-marked materials identifying the enterprise.

Question

Quizplus · Accepted Answer

This statement is true. Royalties fees are standard payments made by franchisees in exchange for the use of copyrighted, patented, or service-marked materials by the franchise enterprise.

In a Franchise Agreement, the Franchisee Pays Royalties Fees in Exchange