Question

The Sandwich Emporium, Inc. sells the right to use its name and sell its signature sandwiches in a given market area to those willing to pay agreed-upon fees and meet specific contractual terms. The Sandwich Emporium is:

Answer 1

The Sandwich Emporium is franchising

Step-by-step explanation:

Franchising is a strategy of business expansion that consists in allowing a contractor to use a company's brand, products and procedures in exchange for fees. The fee is specified in the franchise contract.

Most big businesses in the fast food market make use of the franchise concept, for example, McDonalds.