Question

multiple select question
select all that apply
what are companies involved in a franchise deal required to do? (choose every correct answer.)
provide a share of the profits to the brand name company
place a limit on the amount of goods that can be imported
exchange goods for goods and not goods for money
pay a fee to use the brand name of a company

Explanation:

In a franchise deal, franchisees typically pay a fee to use the brand - name (franchise fee) and often provide a share of profits (royalty payments) to the franchisor. Limiting imports and bartering (exchange goods for goods) are not typical requirements in franchise deals.

Answer:

• Provide a share of the profits to the brand name company
• Pay a fee to use the brand name of a company