Which of the Following Is True About a Franchise

question 133

Multiple Choice

Which of the following is true about a franchise?

• A) It is one of the least common ways to get involved in a business.
• B) It runs under the franchisee's name and guidance.
• C) The franchise parent receives a specified share of income or a flat fee from the franchisee.
• D) It makes use of things like opensource software, while containing costs, staying small, and keeping operations as simple as possible.
• E) It refers to a business in which material or goods are given to another person, but ownership is retained until the goods are sold.