A licensing agreement is made up of a number of franchisee agreements.

Question

Quizplus · Accepted Answer

The difference between a franchising agreement and a licensing contract is that a franchise agreement is usually made up of a number of licensing arrangements,as well as other obligations.For instance,in a typical fast-food franchise agreement,the franchisor will license to the franchisee the right to use its trademark,name,logo,recipes,menus,and other recognized resources.

A Licensing Agreement Is Made Up of a Number of Franchisee