Marty's, a clothing company, has a number of outlets which are owned and managed by private individuals. These outlets are allowed to use the brand name and products of Marty's after paying a fee to the company. They also pay a part of their revenues to Marty's. Each of these outlets is a:
A) franchisee
B) bailee
C) franchisor
D) bailer
E) legatee

Question

Quizplus · Accepted Answer

These outlets are franchisees, as they are independently owned businesses that have obtained the rights to operate under Marty's brand and sell its products in exchange for fees and a share of revenues.

Marty's, a Clothing Company, Has a Number of Outlets Which