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12 August, 07:33

A franchise arrangement include a franchisor and franchisee with the franchisor ... to the franchisee

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  1. 12 August, 07:54
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    A franchise arrangement include a franchiser and franchisee with the franchiser terms and conditions to the franchisee.

    Explanation:

    A franchiser is the owner of any business and have an established trade mark. A franchisee is the one who will be paying royalty for using the Franchiser's brands and trademarks. There will be a contract agreement that exists in the franchising system. The agreement will contain two parties involved in it which is the franchiser and the franchise.

    The agreement will also contain the terms and conditions of the franchiser to the franchise. The franchiser need to be obliged to these terms and conditions and when the violation of these terms and conditions happens then the franchiser has the power of taking legal actions as mentioned in the contract.
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