Which of the Following Statements About a Franchise Is NOT

question 9

Multiple Choice

Which of the following statements about a franchise is NOT true?

• A)The franchisee retains the goodwill of the business on expiry of the agreement.
• B)The franchisor provides training and support to the franchisee.
• C)The franchisor has significant control over the franchised business.
• D)A franchisee is self-employed.

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Definitions:

Self-Regulated System-2

Refers to the conscious, reflective, and deliberative aspect of cognition controlling thoughts, emotions, and actions.

Anchoring with Adjustment

A cognitive bias where initial information serves as an anchor and subsequent decisions are adjusted around this anchor, though often not enough.

Expression

The process of making known one's thoughts or feelings through words, gestures, or artistic mediums.

Influence

The capacity or power of individuals or things to be a compelling force on the actions, behavior, opinions, or development of others.