Which of the following statements is true of franchising?

Multiple Choice

• An individual only acquires the rights to a name and not the rights to methods of operation.
• An individual experiences the most freedom in this form of business ownership.
• A franchisee receives cash payments from the franchiser on a monthly basis.
• A franchisee does not receive accounting support from the franchiser.
• A franchisee often receives building specifications and designs from the franchiser.