Which of the Following Is Not One of the Fees

question 63

Multiple Choice

Which of the following is not one of the fees typically found in a franchise agreement?

• A) initial license fee
• B) royalty fee
• C) assessment fee
• D) lease fee
• E) annual continuation fee

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Definitions:

Government Subsidies

Financial assistance provided by the government to individuals, organizations or industries to support or promote economic and social policies.

Budget Surplus

A situation where income or receipts exceed expenditures, typically within a government's budget.

U.S. Exports

The outbound shipment of goods and services from the United States to other countries.

Import Quota

A limitation set by a government on the amount or value of a particular product that can be imported into the country.