Question:
Burger lal is a fast growing fast food outlet, Seeing to the popularity of Burger lal, Rajesh approached the management of Burger lal to take its franchise. The management of Burger lal prepares a document that outlines the type of relationship burger will be entering with Rajesh. Identify the ingredient of a franchise agreement discussed above.
Burger lal is a fast growing fast food outlet, Seeing to the popularity of Burger lal, Rajesh approached the management of Burger lal to take its franchise. The management of Burger lal prepares a document that outlines the type of relationship burger will be entering with Rajesh. Identify the ingredient of a franchise agreement discussed above.
Updated On: Oct 18, 2024
- Operational Manual
- Proprietary statement
- Contract Explanation
- Ongoing site maintenance
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The Correct Option is C
Solution and Explanation
The correct option is (C) :Contract Explanation.
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Top Questions on Franchising
- The main ingredients of franchise agreement are :
A. Contract Explanation
B. Operation Manual
C. Proprietary Statements
D. Management Expertise
E. Ongoing site Maintenance - Match List I with List IIChoose the correct answer from the options given below :
List I List II A. Product Franchise I. Right to manufacture and sell B. Manufacturing Franchise II. How the retailer distributes their product C. Business Franchise III. Operating the business D. Business Format Franchise IV. Purchase and distributes the products of only one company
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