If an Established Franchisor Agrees to Provide You the Opportunity

question 44

True/False

If an established franchisor agrees to provide you the opportunity to become a franchisee in its franchise system, the franchisor may also be willing to serve as a source of financing for your operation.

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Definitions:

Cognitive Psychology

A branch of psychology that studies mental processes such as perception, thought, memory, and reasoning.

Thought Processes

The mental activities involved in understanding, processing, and communicating information.

Memory Works

The processes through which information is encoded, stored, and retrieved in the brain.

Sociologists

Experts in the scientific study of society, social relationships, and social behavior.