The tim hortons chain accounts for more than half of all the donut and coffee stores in canada. the chain's red-and-white store banners are fixtures in many canadian communities. in 2001, the first tim hortons appeared in the united states through a contractual agreement allowing an independent operation to adopt tim hortons' entire way of doing business. this agreement is an example of a(

franchise

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question this agreement is an example of a franchise. This is an agreement between two entities, the Franchisor and franchisee. The Franchisor is the original business that sells the rights to use its name and idea to the Franchisee.

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