When an Owner of a Franchise Wants to Pass Ownership

Multiple Choice

When an owner of a franchise wants to pass ownership on to their heirs:

A) they don't have to take any action or contact the franchisor.
B) they only must contact the franchisor.
C) they must pay a fee to the franchisor.
D) they must tell the franchisor of their plan and arrange for training for those wanting to take an ownership position.