Which of the following statements is incorrect regarding business format franchises?
A) Arby's sells business format franchises.
B) A business format franchises can be very rigid and demanding.
C) Automotive services and convenience stores are well-known examples of business format franchises.
D) In a business format franchise, the franchisor provides a formula for doing business to the franchisee along with training and other forms of support.
E) The business format franchisor obtains the majority of its income from selling its products to its dealers at a markup.
Correct Answer:
Verified
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