dominique buys a franchise from cheyenne artisans, inc. this provides cheyenne with an outlet for the firm's goods, some of which dominique is required to buy at an established price. in their agreement, cheyenne may also specify the franchisor's non-culpability for any breach of the agreement. the franchise's business organizational form. the retail prices at which dominique must resell the goods she buys. none of the choices.



Answer :

In their agreement, cheyenne may also specify the franchise's business organization form.

A franchise agreement is a contract that binds both the franchisor and the franchisee legally. The contract outlines what the franchisor expects from the franchisee, how the firm must be run, and other specifics. It is a contract whereby the franchisor (firm) agrees to provide the franchisee use of the brand name or corporate structure (individual or entity).

The franchisee-franchisor relationship, including the advantages and limitations for each party, is described in the agreement.

The contract makes sure that the franchisor, who is the company's owner, has better control over the activities of the company.

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