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Contract Length and Renewal and Termination Terms

Question 53

Multiple Choice

Contract length and renewal and termination terms. The duration of franchise agreements can vary significantly. Sometimes the renewal is automatic, but in some cases __________________.


A) Franchises will vary in success rate, profit potential, and attractiveness.
B) You get what you pay for in franchising; the more you get, the more you will pay.
C) It is up to the franchisor's discretion to renew.
D) Independently verify the financial projections provided by the franchisor.
E) All of the answers are correct.

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