Franchising Differs from Licensing in That Where Franchising Is for a Single

question 27

True/False

Franchising differs from licensing in that where franchising is for a single product,licensing allows the use of an entire concept including the label,how the good is manufactured or made and the look and feel of the business.

---

Definitions:

U.S. Dollars

The official currency of the United States, commonly abbreviated as USD.

Netherlands Guilders

The former currency of the Netherlands before the adoption of the euro, historically used in various Dutch territories.

U.S. Currency Value

The worth or purchasing power of the United States dollar in domestic and international markets.

Saudi Arabian Riyals

The official currency of Saudi Arabia, used for all financial transactions within the country.