The monthly fee that a franchisee must pay to keep the company's trade name is called a(n)_____.
A)royalty fee
B)advertising fee
C)franchise fee
D)trade fee

Name: The monthly fee that a franchisee must pay to keep the company's trade name is called a(n)_____. A)royalty fee B)advertising fee C)franchise fee D)trade fee
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A royalty fee is the recurring payment made by the franchisee to the franchisor for using the franchisor's trademark and operating system.

The Monthly Fee That a Franchisee Must Pay to Keep