Question

You have decided to open a pet store and signed an agreement with Dogz-N-Catz Centers Inc. You and the company have drawn up an agreement that allows you to use the Dogz-N-Catz name and its business format, to receive training, and to use its advertising materials. Under this agreement, Dogz-N-Catz, Inc. is the ________

Answer 1

This is a case of franchising operation , popular example being Mcdonalds outlet run by different entities across the globe. The parties to such operation are Franchisor and franchisee.

Franchisor is ehe company that allows an individual (known as the franchisee) to run a location of their business. The franchisor owns the overarching company, trademarks, and products, but gives the right to the franchisee to run the franchise location, in return for an agreed-upon fee. Fast-food companies are often franchised.

In the given case , “You” is the franchisee and “Dogz-N-Catz Centers Inc” is the franchisor.

Answer : Dogz_N_Catz Inc is the Franchisor