Franchising is a form of business ownership in which a firm that already has a successful product or service licenses its trademark and method of doing business to another business in exchange for ________.
A) an initial franchise fee and an ongoing royalty
B) a one-time franchise fee
C) an equity position in the new business
D) an ongoing royalty
E) an initial franchise fee and an equity position in the new business
Question 2
An opportunity has four essential qualities. It is (1 ) rare, (2 ) attractive, (3 ) timely, and (4 ) anchored in a product, service, or business that creates or adds value for its buyer or end user.
Indicate whether the statement is true or false
The patient's signature on the informed consent form indicates that the patient understands the
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