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Question
Martinas franchise agreement allows her to open up to seven new stores within a 100 mile radius of the first one. Martina is best described as:
a. a master licensee. b. a franchisee.
c. a franchisor. d. an area developer.
Answer
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a. True
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Liability on the part of an owner that extends beyond the owners investment in the business
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b. accrued expenses.
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