True/False
In addition to other fees, franchisees must also pay royalties but only on net profits; in other words, no profits, no royalties.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q46: The failure rate for franchises is _.<br>A)higher
Q47: One of the first lessons in franchising
Q48: _ franchising involves providing the franchisee with
Q49: When it comes to purchasing products, equipment,
Q50: Having an attorney review and evaluate a
Q52: The principle of putting a franchise's products
Q53: Quality is so important in franchising that
Q54: Some franchisors offer _ to give existing
Q55: When a franchisee buys a franchise, (s)he
Q56: The FTC's philosophy regarding the Uniform Franchise