Multiple Choice
In a franchise arrangement,one business enters into a contract with another to sell its products exclusively.Which of the following is true with respect to a franchise?
A) The franchisee provides the technical expertise to manage the franchise.
B) The franchisor must comply with rules,standards,and specifications with respect to products and prices.
C) Examples of franchises in Canada include Tim Hortons,KFC,and Budget Car Rental.
D) An advantage of a franchise arrangement is the equal bargaining position of the parties.
E) The franchisee and franchisor are in partnership together.
Correct Answer:
Verified
Correct Answer:
Verified
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