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Management contracts usually stipulate that multiple choice the contract be annual with renewal options. a fee be paid to the firm providing the management expertise. 30 to 50 percent of sales belong to the licensee. 30 to 50 percent of revenues belong to the licensor.

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Management contracts usually stipulate that fees be paid to the firm providing the management expertise. Thus the correct answer is A.

What are contracts?

The contract refers to an agreement enforced by the law-bound two parties or individuals in a commitment within consent to start a deal.

A management contract refers to a contract that allows an organization to participate in the operations and decision-making of the business of another company.

Therefore, option A fee is paid to the firm providing expertise by mangement is the appropriate answer.

Learn more about contracts, here:

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