Which of the following is true of a franchising relationship?
A) A franchisor pays a percentage of the gross sales to a franchisee.
B) Usually, a franchisee is a foreign national whom a franchisor supplies with goods.
C) A franchisee sells or distributes goods using a trade name or trademark owned by a franchisor.
D) Federal law allows franchisors to terminate franchise agreements without any cause in order to protect their patent rights.
C
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Standardized global marketing involves devising a marketing mix to reach a single segment of the global market
Indicate whether the statement is true or false
It is often said that interest rate parity is satisfied when the differential between the interest rates denominated in two currencies equals the forward premium or discount between the two currencies
Explain why this is an imprecise statement when the interest rates are not continuously compounded.