What Is a Likely Reason Why Someone Would Pay Money

question 85

Multiple Choice

What is a likely reason why someone would pay money for a franchise?

• A)They are not aware of basic business practices.
• B)They will not have to spend the same amount of time marketing and building the brand.
• C)They do not have knowledge in the industry or business model.
• D)They will not have to work as hard in running the business.

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Definitions:

Restaurant Meals

Food and beverage items prepared and served by dining establishments to customers, typically consumed on premises.

Tax

A compulsory monetary fee or a different kind of tax required by a government entity from taxpayers, aimed at raising funds for government operations and public services.

Consumption

The purchase and use of goods and services by households. It is a primary component of GDP and an indicator of economic health.

Good

A Good is a tangible product that satisfies human wants or needs.