It is correct to say that if a franchisor expects a 6% royalty fee on revenue, the franchisor earns 6 cents on each dollar of revenue the franchisee generates.

Name: It is correct to say that if a franchisor expects a 6% royalty fee on revenue, the franchisor earns 6 cents on each dollar of revenue the franchisee generates.
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Question

Quizplus · Accepted Answer

A 6% royalty fee means that the franchisor will receive 6 cents for every dollar in revenue generated by the franchisee.

It Is Correct to Say That If a Franchisor Expects