Which of the Following Would Be a Benefit to a Franchisor

question 106

Multiple Choice

Which of the following would be a benefit to a franchisor, such as Jiffy Lube, in expanding into international marketing?

• A) There are no risks involved with allowing a foreign franchisee.
• B) The franchisor does not have to put up a large capital investment.
• C) The franchisor does not have to share its name or operational procedures.
• D) The franchisee only pays a set fee every month to the franchisor.
• E) An equal partnership is formed between the franchisor and franchisee.

Learn how to seek clarification and improve understanding in a team setting.

Develop skills for effective listening and clarification in communication.

Understand the ethical considerations of using social media in a professional setting.

Understand the concepts and functions of social psychology.

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Definitions:

Consumer Loans

Financial loans given to individual borrowers for personal, family, or household purposes, as opposed to business or commercial loans.

Unconscionable Conduct

Behavior that is considered extremely unfair, unethical, or unjust within a transaction or contractual agreement, often leading to the invalidation of the agreement.

Restatement

A secondary legal document that aims to inform and clarify the current state of the law, often used as a reference by courts.

Usury Statute

Laws that set maximum interest rates at which loans can be made, intended to protect consumers from excessively high rates.