There Are Two General Types of Franchises: Business-Format Franchises and ________

question 274

Multiple Choice

There are two general types of franchises: business-format franchises and ________ franchises.

• A)product-distribution
• B)general service
• C)manufacturing
• D)distribution
• E)venture

---

Definitions:

Holder in Due Course

A party who has acquired a negotiable instrument in good faith and for value, thereby obtaining rights to it free from certain defenses.

Golden Retriever Puppy

A young dog of the Golden Retriever breed, known for its friendly, tolerant attitude and golden-colored coat.

Paper Route

historically refers to a job involving the delivery of newspapers to a specific route of homes or businesses, often carried out by children or young adults.

$300 Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money, in this case, $300, to the bearer or to a specific individual or party.