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Question
midas muffler sells franchises to prospective business persons who want to use the midas name and offer midas products. in a franchise arrangement, midas would be the ____________, and the buyer of the franchise is the ____________.
owner; limited partner
co - signer; co - signee
franchisor; franchisee
wholesaler; retailer
In a franchise arrangement, the company that sells the right to use its name and business model is the franchisor, and the one who buys the franchise is the franchisee. Midas Muffler is selling franchises, so it is the franchisor, and the buyer is the franchisee.
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C. franchisor; franchisee