What Is the Term for the Party in a Franchise

question 89

Multiple Choice

What is the term for the party in a franchise relationship that pays for the right to use resources supplied by another business entity?

• A) a franchisor
• B) a general corporation
• C) a limited partner
• D) a franchisee

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Definitions:

Evaluate

The process of assessing or examining something or someone critically to determine its value, significance, or condition.

Systematic Monitor

A methodical process or device used to observe, check, and record the operation or condition of something.

System Linkage

The process of connecting different systems or components to ensure they work together efficiently.

Policy Developer

A role or profession involving the creation and implementation of guidelines, principles, or rules within an organization or society.