what can be the reason all business asserts that the question it listed have to be answered yes before entering into a franchise agreement?
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A business format franchise is a franchising arrangement where the franchisor provides the franchisee with an established business, including name and trademark, for the franchisee to run independently.
A product franchise is a franchising agreement where manufacturers allow retailers to distribute products and use names and trademarks.
A manufacturing franchise is a franchising agreement where the franchisor allows a manufacturer to produce and sell products using its name and trademark.
Key Terms
franchise: The authorization granted by a company to sell or distribute its goods or services in a certain area.
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