In addition to other fees, franchisees must also pay royalties but only on net profits; in other words, no profits, no royalties.
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Q27: The franchise contract defines the rights and
Q28: Which of the following is not a
Q29: The failure rate for franchises is _.
A)higher
Q30: The Uniform Franchise Disclosure Document (UFDD)is a
Q31: A franchise myth is that _.
A)once the
Q33: Franchisees in fast-growing systems reap the benefits
Q34: Quality is so important in franchising that
Q35: Which of the following is not a
Q36: The FTC's philosophy regarding the Uniform Franchise
Q37: Absentee franchise owners are consistently successful.
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