Which of the Following Statements Is TRUE with Respect to Franchises

question 55

Multiple Choice

Which of the following statements is TRUE with respect to franchises?

• A)Although other arrangements are available for other types of business, a true franchise is always concerned with the food-service industry.
• B)A franchise arrangement always includes, among other things, an agency relationship.
• C)Franchisors typically include a provision in their franchise arrangements that the franchisee is not an agent of the franchisor.
• D)Franchise agreements do not contain trademark licences.
• E)Franchisors do not worry about whether they may be held liable for actions of franchisees because each franchise is a separate business.

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Definitions:

AAfPE

American Association for Paralegal Education, an organization that promotes quality paralegal education, law-related education, and legal education.

Paralegal Education

The training and educational programs designed to prepare individuals to work as paralegals, supporting lawyers in various legal tasks.

Marketable

Describes an item or skill that is in demand in the marketplace, capable of being sold or promoted effectively.

Majors

Fields of academic study or specializations chosen by students in higher education.