Which of the following statements about a franchise is NOT true?
A)The franchisee retains the goodwill of the business on expiry of the agreement.
B)The franchisor provides training and support to the franchisee.
C)The franchisor has significant control over the franchised business.
D)A franchisee is self-employed.

Question

Quizplus · Accepted Answer

The goodwill of the business typically reverts to the franchisor upon the expiry of the franchise agreement, not the franchisee. This is because the brand and its associated goodwill are owned by the franchisor.

Which of the Following Statements About a Franchise Is NOT