Graham buys from Hook,Line & Sinker Corporation the exclusive right to sell Hook,Line & Sinker fishing gear in a certain area. Their franchise agreement requires Graham to pay certain administrative expenses. Their agreement may also require Graham to pay a percentage of the franchisor's

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Franchise agreements commonly require franchisees to contribute to the franchisor's advertising costs to promote and build the brand. This is known as a marketing or advertising fee. Therefore, the best choice is A. The other options mentioned - personal expenses and retirement income - are not typically included in franchise agreements as payment requirements. Option D is too general and does not provide enough information to make a determination.

Graham Buys from Hook,Line & Sinker Corporation the Exclusive Right