Question

Which of the following statements is true about a franchise agreement?
a. The franchisee is free to modify the franchisor's products.
b. The franchisee canconsult the franchiser for managerial and financial help.
c. The franchisee and not the franchiser takes the responsibility of marketing and advertising activities.
d. The franchisee can keep all the profits made by the venture.
e. The franchisee does not have to pay a start-up cost for the venture.

Answer

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