A _____ is a business arrangement under which one party allows another to operate an enterprise using its trademark,logo,product line,and methods of operation in return for a fee.
A) license
B) franchise
C) certificate of proprietary usage
D) joint venture

Question

Quizplus · Accepted Answer

A franchise is a business arrangement under which one party (the franchisor) allows another (the franchisee) to operate an enterprise using its trademark, logo, product line, and methods of operation in return for a fee.

A _____ Is a Business Arrangement Under Which One Party