_____ is a monthly payment made by a franchisee to the franchisor usually a certain percentage of the former's gross revenue.
A)Royalty
B)Annuity
C)Contingent fee
D)Capitation fee

Question

Quizplus · Accepted Answer

A monthly payment made by a franchisee to the franchisor usually a certain percentage of the former's gross revenue is called a royalty. An annuity is a fixed sum of money paid to someone each year, typically for the rest of their life. A contingent fee is a payment made to a lawyer only if they win a case. A capitation fee is a payment made by an insurance company or government agency to a healthcare provider for each person registered with them, regardless of whether that person seeks medical attention or not.

_____ Is a Monthly Payment Made by a Franchisee to the Franchisor