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Which of the following is an effective way to focus your attention as part of active listening?
Franchise Fee
An initial payment made by a franchisee to a franchisor for the rights to use the franchisor's brand, system, and ongoing support.
Initial Investment Fee
The upfront sum of money required to start a business venture, franchise, or investment opportunity.
Ongoing Payments
Recurring payments that are made on a regular basis for a service or product.
Royalty Fee
A payment made by one party (the licensee) to another (the licensor) for the ongoing use of an asset, typically intellectual property.
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