Phil Atkinson Recently Entered into an Agreement with Sonic to Open

Multiple Choice

Phil Atkinson recently entered into an agreement with Sonic to open seven Sonic Fast-Food Restaurant franchises. According to the agreement that Phil entered into, he has the right to open up to seven Sonic Fast-Food Restaurant franchises within the city limits of Portland, Oregon. Phil has entered into a(n) :

A) individual franchise agreement
B) area franchise agreement
C) locality franchise agreement
D) district franchise agreement
E) neighborhood franchise agreement