Which of the Following Is True of a Franchise

question 32

Multiple Choice

Which of the following is true of a franchise?

• A)The franchisor and franchisee are established as separate legal entities.
• B)A franchisee does not need a license to use the franchisor's trademark.
• C)The franchisee does not have access to the franchisor's knowledge.
• D)A franchise is considered as a joint venture.

---

Definitions:

Registration Process

The procedure of officially recording something or someone's details on an official list.

Imprisonment

The act of confining someone in a prison or similar facility as punishment for committing a crime.

Common Enterprise

A joint venture or project where parties work together towards a common goal, sharing profits and risks.

Civil Suit

A legal action by one party against another in a civil court, typically involving disputes over rights, contracts, or damages, as opposed to criminal matters.