Ivy Is Investing in a Home Cleaning Franchise Called HomeKeepers

question 141

Multiple Choice

Ivy is investing in a home cleaning franchise called HomeKeepers. At her first interview with the franchisor's selling agent, she was told the parent company expects 5% royalties. What are royalties?

• A) The initial investment, also known as the franchise fee paid to the franchisor
• B) The cost of supplies that she will purchase one time each month from the parent company
• C) The milestones that the parent company expects her to reach. With each milestone, she will be rewarded with commissions
• D) The share of the profits or a percentage share of revenues (net sales)

---

Definitions:

Independence

The state or condition of being free from dependence, influence, or control by others.

Acculturated

The process of adopting the cultural traits or social patterns of another group, often referring to individuals or communities integrating into a new society.

Existential Counselor

A mental health professional who employs existential therapy principles focusing on free will, self-determination, and the search for meaning within the human experience.

Identity Crisis

A period of uncertainty and confusion in which a person's sense of identity becomes insecure, typically due to a change in their expected aims or role in society.