Royalty Fees for the Continued Use of the Franchisor's Trade

question 25

True/False

Royalty fees for the continued use of the franchisor's trade name,property,and assistance are usually paid on an annual basis.

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Definitions:

Referent

The specific entity or thing in the real world that a word or phrase identifies or points to.

Dog

A domesticated carnivorous mammal (Canis familiaris) known for its loyalty and companionship as a pet.

Beagle

A breed of small hound dog known for its keen sense of smell and used primarily for hunting hares.

Referent

The actual object, idea, or event that a word or symbol represents.