Biology Forums - Study Force

Happy Burgers is a successful fast food restaurant. Having decided to expand its operation, Happy Burgers decides to approach independent business people with the intention of licensing its operation to them, finding them a location for a Happy Burgers restaurant, setting up the restaurant, and training them in its operation. In return, they will pay Happy Burgers a royalty fee based on a percentage of their gross sales. This arrangement is an example of
a. an agreement of purchase and sale.
b. a license agreement.
c. a franchise agreement.
d. an agency agreement.
e. a royalties agreement.

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