Question

Henry operates an outlet of Moonlight Café, a world renowned fast-food restaurant, in his locality. He started the restaurant after getting a license from the owners of Moonlight Café and by regularly paying them a fee for the right to use their brand name, products, and methods of operation. Henry most likely operates a(n) _____.

Answer 1

Answer:

Franchise.

Explanation:

A franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (franchisor) proprietary knowledge, processes, and trademarks in order to allow the party to sell a product or provide a service under the business's name.