A Franchise Myth Is That

question 6

Multiple Choice

A franchise myth is that:

• A) once the franchise is open, the franchisee has autonomy to run the business in what ever way he or she sees fit.
• B) the owner needs to be hands on.
• C) the franchise will only expect to be paid when the franchisee is profitable.
• D) franchises fail at a rate higher that independently owned businesses.

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Definitions:

Copyright Infringement

The unauthorized use of copyrighted work in a way that violates one or more of the copyright holder's rights.

Affidavit of Use

A sworn statement filed with a governmental authority, often related to trademarks, declaring that a mark has been in continuous use.

Trademark Registration

The process of legally registering a trademark to secure exclusive rights to use it for specific goods or services.

Doctrine of Works

A principle or belief emphasizing the importance of one's conduct or actions in determining their moral standing or justification, typically within religious contexts.