asked 173k views
5 votes
Geraldo owns a well-known brand and allows henry to sell products with that brand name. geraldo has agreed to:

asked
User TLiebe
by
8.2k points

1 Answer

5 votes
Geraldo owns a well-known brand and allows Henry to sell products with that brand name. Geraldo has agreed to: product and trade name franchising.
A franchiser is the persn that licenses its know-how, procedures, intellectual property and use of its business model and brand. In our case the franchiser is Geraldo. He gives the rights to sell its branded products and services to Henry, who is called a franchisee.
answered
User Rinoy Ashokan
by
7.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.