Multiple choice

A contractual agreement to use the name & sell the products/services of a company

  1. Brick and Mortar

  2. Cooperative

  3. E-tail

  4. Franchise

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A franchise is a business model where an individual (franchisee) pays a fee to a company (franchisor) for the right to use their brand name and business system.