A Legal Agreement Between Two Parties in a Franchise Arrangement

question 56

Multiple Choice

A legal agreement between two parties in a franchise arrangement is referred to as a

• A) master license.
• B) franchise contract.
• C) requirements contract.
• D) franchise consent draft.

---

Definitions:

Social Media Plan

A comprehensive strategy outlining a brand's or individual's approach to engaging audiences on social media platforms.

Budgets

Financial plans that outline expected income and expenditures over a specific period, helping organizations or individuals manage their resources.

Guidelines

Official advice or information aimed at regulating behavior or procedures in specific situations or activities.

Measurement Strategy

A plan or approach to systematically gather, analyse, and interpret data to determine the effectiveness and impact of specific actions or campaigns, especially in marketing or social media contexts.