A franchisor sells the right to operate the business and use the business's trade secrets to a(n)
A) Franchisee
B) Successor
C) Principal
D) Member

Question

Quizplus · Accepted Answer

A franchisor sells the right to operate the business and use the business's trade secrets to a franchisee. This is the definition of a franchise agreement, where the franchisor provides the franchisee with the licensing rights to operate under the franchisor's brand and system.

A Franchisor Sells the Right to Operate the Business and Use