Author Question: Three downsides to buying a franchise include high initial costs, the ongoing percent-of-sales ... (Read 58 times)

notis · **on:** Jul 14, 2018

Three downsides to buying a franchise include high initial costs, the ongoing percent-of-sales royalty fees, and the franchise requirements, which, in effect, reduce the owner's independence.

Indicate whether the statement is true or false

Question 2

The ____ is a legal document that lists and explains the terms of the partnership.
A) co-owners' agreement
B) charter
C) will
D) articles of partnership
E) formation contract