Solved

Which of the Following Statement Is Not Correct Regarding the Costs

Question 29

Multiple Choice

Which of the following statement is not correct regarding the costs associated with purchasing a franchise?


A) The franchisee typically pays a royalty based on a percentage of weekly or monthly net income.
B) Capital costs vary by franchisor, but may include the cost of buying land and building a building.
C) Additional fees may be charged for activities such as training staff, providing management expertise when needed, and providing computer assistance.
D) Franchisees are often required to pay into a national or regional advertising fund.
E) The initial franchise fee varies, depending on the franchisor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents