Franchises and Nonprofit Organizations Quick Check4 of 54 of 5 ItemsQuestionA car washing company has developed a successful business model with effective pricing and marketing. To leverage this success, the company plans to sell licenses to potential business owners, giving them permission to use the name, product, and prices of the car washing company at different locations. In this scenario, the car washing company is(1 point)Responsesa franchisor.a franchisor.a franchisee.a franchisee.a producer cooperative.a producer cooperative.a consumer cooperative.

Answer 1

In this scenario, the car washing company is a franchisor. They are selling licenses to potential business owners to use their name, product, and pricing model, which is characteristic of a franchising arrangement.