Business Studies

The right to use the business know-how and trade mark of the franchiser is for a ________period of time. 


ANSWER

limited


SOLUTION
Franchise agreements can last for periods as short as three years and as long as 20. Franchise Association Franchise Survey 2010 reports that franchise agreements in the UK are predominately for a fixed term of five years, with rights to renew at the end of the term.
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