Some of the Initial Franchise Fee May Be Allocated to

question 21

Multiple Choice

Some of the initial franchise fee may be allocated to

• A)continuing franchise fees.
• B)interest revenue on the future installments.
• C)options to purchase the franchisee's business.
• D)All of these may reduce the amount of the initial franchise fee that is recognized as revenue.

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Definitions:

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A spoken or written account of connected events; a story or the practice of storytelling.

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Startling refers to the sudden, involuntary reaction to unexpected stimuli, often characterized by quick physical movements or emotional responses.