Question

Amir buys a Baskin Robbins franchise. He has made a financial commitment and agrees to conduct business in accordance with Baskin Robbins' standard of operations. In exchange, he can expect to receive all of the following from Baskin Robbins EXCEPT______________.a. building specifications and designs.b. site recommendations.c. free equipment and training.c. management and accounting support.d. immediate name recognition.

Answer 1

Answer:

The correct answer is letter "C": free equipment and training.

Explanation:

A franchise is a venture in which a person, the franchisee, has the right to obtain the proprietary expertise of an established company, the franchisor. The franchisee buys the right under an established brand name to sell a product or service.

The franchisor provides support on building and design specifications, site recommendation, and prices for inventory and equipment are typically lower than starting up a business alone, yet they are not free. Also, franchises must share information financially and comply with uniform procedures.