The franchise contract defines the rights and the obligations of both parties and sets the guidelines that govern the franchise relationship.

Question

Quizplus · Accepted Answer

The franchise contract is a legally binding agreement that outlines the rights and responsibilities of both the franchisor and the franchisee. It is intended to create a mutually beneficial relationship and protect both parties from any misunderstandings or disputes. Therefore, it is true that the franchise contract defines the rights and obligations of both parties and establishes the framework for the franchise relationship.

The Franchise Contract Defines the Rights and the Obligations of Both