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Question 13 (1 point) Which of the following statements is NOT correct? McDonalds is a well-known franchisee that operates thousands of locations. Success rates for franchises tend to be higher than for businesses that are started in more traditional ways. Franchising a business often allows the owner of the franchise to expand more rapidly than if the owner attempted to expand using their own funds. A franchisee often must pay an upfront franchise fee as part of operating a franchise.
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Solution: Mc Donald is a well known franchisee that operates thousands of locations
Explanation: McDonald's is a fast food company in an America, founded in 1940 as a restaurant which has franchisee that operates thousands of locations. Nearly 82% of McDonald's restaurants are owned by franchisees, however not the company itself

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