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Home Q & A Board Humanities Legal Studies
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pepperflake pepperflake
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7 years ago
Which of the following holds true for the royalty fee paid by a franchisee?
A) It is a lump-sum payment for the privilege of being granted a franchise.
B) It is a fee for promotional campaigns and administrative costs.
C) It is a fee for the continued use of a franchisor's trade name.
D) It is a payment for any land or equipment leased from a franchisor.
Textbook 
The Legal Environment of Business

The Legal Environment of Business


Edition: 7th
Authors:
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juliaOhjuliaOh
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7 years ago
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