Multiple Choice
Marty's, a clothing company, has a number of outlets that are owned and managed by private individuals. These outlets are allowed to use the brand name and products of Marty's after paying a fee to the company. They also pay a part of their revenues to Marty's. The upfront payment these outlets make to Marty's for using the Marty's brand name is referred to as a(n) :
A) acceptance fee
B) acknowledgement fee
C) franchise fee
D) royalty fee
E) establishment fee
Correct Answer:

Verified
Correct Answer:
Verified
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