Quality Is So Important in Franchising That Most Franchisers Retain

question 16

True/False

Quality is so important in franchising that most franchisers retain the right to terminate the franchise contract and to repurchase the outlet if a franchisee fails to maintain quality standards.

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Definitions:

Self-Interest

Refers to actions that are primarily aimed at benefiting oneself.

Contrary

Opposite in nature, direction, or meaning; it refers to things that are diametrically opposed to each other.

Stoicism

A philosophy that teaches the development of self-control and fortitude as a means of overcoming destructive emotions.

Good

That which is considered beneficial, positive, virtuous, or morally right.