Midas Muffler Sells Its Business Name and the Rights to Its

question 119

Multiple Choice

Midas Muffler sells its business name and the rights to its products to prospective businesspersons who want to use the Midas name and offer Midas products.In this arrangement,Midas would be the _____________,and the buyer of these rights is the ____________.

• A)owner; limited partner
• B)co-signer; co-signee
• C)franchisor; franchisee
• D)wholesaler; retailer

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Definitions:

Fast Food Outlet

A type of restaurant that serves quick-service food items with minimal table service, focusing on speed, convenience, and affordability.

Front Office

Refers to the client-facing department or function of a business, including roles that deal with direct customer interaction, sales, and services.

Customer Requirements

Specifications or needs expressed by customers regarding the quality, functionality, or performance of a product or service.

Motor Vehicle

A self-propelled vehicle used for transportation of people or goods on the ground, such as cars, trucks, buses, and motorcycles.