Richard and Bonny Have Entered into a Business Relationship to Sell

question 71

Multiple Choice

Richard and Bonny have entered into a business relationship to sell pet care services.Bonny's operation will be identical to Richard's operation and Richard has outlined for Bonny precisely how to run her business,how much to charge clients,and all other business details.What kind of business relationship exists between Richard and Bonny?

• A) subsidiary
• B) partnership
• C) franchise
• D) employee

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Definitions:

Involuntary Terminations

The act of ending an employee's contract or employment against their will, often due to layoffs or disciplinary actions.

Employee Leasing

Involves an organization paying a fee to a leasing company that provides a pool of employees who are available on a temporary basis. This pool of employees usually constitutes a group or crew intended to handle all or most of the organization’s work needs in a particular area.

Contingent Workforce

A labor pool consisting of people employed by organizations on a non-permanent basis, such as freelancers, temporary contract workers, or consultants.

Survivor Syndrome

Emotional and psychological effects experienced by employees who remain in an organization after significant layoffs or restructuring.