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Which of the Following Statements Is Incorrect

question 68

Multiple Choice

Which of the following statements is incorrect?


Definitions:

Franchise Agreement

A legal contract between a franchisor and franchisee, establishing the terms and conditions for the franchisee to operate a franchised business.

Discontinuance

The cessation or closure of a product, service, or business operation.

Viable Way

A method or approach that is feasible and capable of working successfully.

Limited Capital

Restricted financial resources available to a business for investment and operational needs.

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