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Author Question: In a franchise arrangement, one business enters into a contract with another to sell its products ... (Read 174 times)

lunatika

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In a franchise arrangement, one business enters into a contract with another to sell its products exclusively. Which of the following is true with respect to a franchise?
◦ An advantage of a franchise arrangement is the equal bargaining position of the parties.
◦ The franchisee and franchisor are in partnership together.
◦ Examples of franchises in Canada include Tim Hortons, KFC, and Budget Car Rental.
◦ The franchisor must comply with rules, standards, and specifications with respect to products and prices.
◦ The franchisee provides the technical expertise to manage the franchise.


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Marked as best answer by lunatika on Aug 7, 2021

djofnc

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lunatika

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Reply 2 on: Aug 7, 2021
Excellent


meow1234

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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