Refer to Scenario 5-2

question 121

Multiple Choice

Refer to Scenario 5-2.The document that she is carefully considering is the

• A) Franchise legal contract
• B) Franchise agreement
• C) Business contract
• D) Partnership agreement

---

Definitions:

International Trade

The exchange of goods, services, and capital between countries or territories, enhancing global economic growth, extending markets, and driving competition.

Specialization

A strategy where individuals or entities focus on a narrow area of expertise to increase efficiency and productivity.

Off-shoring

The practice of relocating a company's business process or production to a foreign country to reduce costs.

World's Oil

The global reserves and production of petroleum, crucial for energy production and as a commodity in international trade.