Question

In a franchise business, the party paying the franchise fee is known as the a. franchisee.b. franchisor.c. entrepreneur.d. business owner. e. manager

Answer 1

Answer:

a. franchisee

Explanation:

Franchisee -

A franchises referred to a small business , and is very common method of doing any business .

The owner of the business i.e. , franchises , is referred to as the franchisee .

The franchisee has the right to take decision of the business like , using trademark of the business , proprietary knowledge , sell the brand and associated brands .

They are responsible to pay the franchise fee.

Hence , from the given statement of the question,

The correct option is a. franchisee .