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    Business
  3. Study Set
    Understanding Business
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    Exam 5: How to Form a Business
  5. Question
    In a Typical Franchise Agreement, the Franchisor Pays the Franchisee
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In a Typical Franchise Agreement, the Franchisor Pays the Franchisee

Question 3

Question 3

True/False

In a typical franchise agreement, the franchisor pays the franchisee a fee to manage its company, and the two of them split the profits based on the percentages established in the agreement.

Correct Answer:

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