The Difference Between a Franchise and Licensing Contract Is That

question 3

Multiple Choice

The difference between a franchise and licensing contract is that

• A) a franchise contract has a broader range of factors and is usually longer in duration.
• B) a franchise contract must include a foreign government.
• C) a licensing contract covers more aspects of operations.
• D) a franchise contract involves less control and less risk.

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Definitions:

Peer Review

A process used in academic and professional settings where work is evaluated by one or more people with similar competencies.

Scientific Standards

The accepted criteria or practices used in the scientific community to ensure the quality and integrity of research.

Accepted Scientific

Pertains to theories, methods, or practices that are widely recognized and validated by the scientific community.

Representative Sample

A group of individuals, selected from a population for study, which matches the population on important characteristics such as age and sex.