Franchising Is When _____

Franchising is when _____.

A) two independent companies form a contractual agreement giving one the right to operate a business.
B) a firm operates in many different locations for a specified period of time
C) fees are paid to a lawyer for services that assist in establishing a strong brand name
D) business-format services are not sufficient to maintain profitability of an enterprise
E) risk is too large to merit other ventures like a business-format service