Question: To avoid the difficulties involved in starting a restaurant from scratch, Everett obtains the rights to operate a Wendy's location. This business arrangement requires Everett

To avoid the difficulties involved in starting a restaurant from scratch, Everett obtains the rights to operate a Wendy's location. This business arrangement requires

Everett to pay an annual fee to the owner of the chain. In this scenario, Everett is a

(

)

Multiple Choice

trade creditor

franchisee.

intrapreneur

venture capitalist

To avoid the difficulties involved in starting a restaurant from scratch,

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