If a restaurant chain sells the use of its brand name to a Singaporean investor in exchange for a fee and a percentage of sales, the restaurant is entering a foreign market through exporting. True / False.

False

Explanation:

This type of agreement is a brand licensing contract. In this type of agreement, the licensor (restaurant chain) gives permission to a licensee (Singaporean investor)  to produce their products or services in a certain geographical area in exchange for a royalty, a sales percentage or a combination of both.

answer; balance sheets;