38) A franchise agreement is a contract between an entrepreneur, the and a parent company, the in which the entrepreneur agrees to pay the parent company for use of its trademarks, products, formulas and business practices. franchisee/franchiser O borrower/lender O investor/investee franchiser/franchisee
38) A franchise agreement is a contract between an entrepreneur, the and a parent company, the in which the entrepreneur agrees to pay the parent company for use of its trademarks, products, formulas and business practices. franchisee/franchiser O borrower/lender O investor/investee franchiser/franchisee
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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
Transcribed Image Text:38) A franchise agreement is a contract between an entrepreneur, the -- and a parent company,
the in which the entrepreneur agrees to pay the parent company for use of its trademarks,
products, formulas and business practices.
franchisee/franchiser
borrower/lender
investor/investee
franchiser/franchisee
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