What is the most common type of franchise agreement?
A) limited liability corporate agreement
B) operation agreement
C) general partnership agreement
D) business format franchise agreement

Question

Quizplus · Accepted Answer

The most common type of franchise agreement is the business format franchise agreement, which outlines the franchisor's requirements for marketing, operating, and managing the franchise. This agreement also provides the franchisee with assistance and support in setting up and running the franchise.

What Is the Most Common Type of Franchise Agreement