Which Statement Is True About Franchisor Liability for the Acts

question 37

Multiple Choice

Which statement is true about franchisor liability for the acts of a franchisee?

• A) Franchisors are liable for acts of their franchisees in most circumstances.
• B) Franchisors are never liable for the acts of their franchisees, unless the franchisor was a party to the act of the franchisee.
• C) Whether a franchisor is liable for the acts of its franchisee depends exclusively on the terms of the franchise agreement.
• D) Franchisors are usually not liable for the acts of their franchisees, but they can be liable if the court recognizes the existence of an apparent agency.
• E) Whether the franchisor is liable for the acts of its franchisee is based on whether the franchisee has sufficient funds to pay any judgment.

Recognize examples of classical conditioning in everyday life.

Understand the roles of various types of stimuli and responses in classical conditioning (e.g., neutral stimuli, conditioned stimuli).

Explain the processes involved in developing and extinguishing conditioned responses.

Demonstrate knowledge of the historical context and significance of classical conditioning experiments.

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Definitions:

Financial Statements

Financial statements are comprehensive reports created from a company's accounting records, presenting the financial performance and position at a specific point in time.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders and holds in its treasury.

Stockholders' Equity

The value remaining in a company after liabilities are deducted from total assets; also known as shareholder's equity.

Paid-in Capital

Refers to the funds raised by a company through the issuance of shares. This capital is provided by shareholders in exchange for equity in the company.