Question

Select the one representing the main ingredients of a franchise agreement.

• A. Product franchise
• B. Proprietary statements
• C. Right and the only way of doing things
• D. Continuing cost implication

Hint:

Franchise agreements typically involve the right and methods of doing things as prescribed by the franchisor.

Answer 1

The Correct Option is C

The key element of a franchise agreement is the right to do things in a specific way, as determined by the franchisor. This ensures uniformity in the franchisee's operations.