Multiple Choice
Michael is a franchise restaurant owner.Which of the following best describes his franchising costs?
A) a franchise fee to start,a monthly royalty as a percentage of sales,and other operational costs
B) a royalty to the franchisor,calculated as a percentage of net income plus other operational costs
C) the same as any other restaurant owner
D) a franchise fee to start,plus other operational costs
Correct Answer:
Verified
Correct Answer:
Verified
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