Please discuss the risks that franchising a trademark might entail from the franchisor perspective and indicate how the franchisor can minimize these risks in the franchise agreement.

Explain the advantages and disadvantages of licensing / franchising strategy?

In what ways do Property Rights and Principal Agent theories help explain the development of the firm? How may these ideas be linked to the low cost airline industry?

What expenses are involved with any expansion and at times the costs may exceed the profits obtained?

How do nonresidential and residential transactions compare with respect to the duties and disclosures of three authorized relationships discussed in the Brokerage Relationship Disclosure Act? The licensee duties in the relationships are the same for both types of transactions, but the disclosure requirements apply only to nonresidential transactions. The duties in the relationships are the same for both types of transactions, but the disclosure requirements apply only to residential transactions. Licensee duties and disclosure requirements apply only to nonresidential transactions. Licensee duties and disclosure requirements apply only to residential transactions.

What business form would be most appropriate for Tim’s and why? Explain the benefits and drawbacks of the business form you chose. Explain which general state and federal laws (see resources below) might impact registration of Tim’s business, due to the fact that it is a restaurant business.

a) Identify at least three (3) benefits to real estate agency businesses of joiningeither a franchise organisation or a marketing group