Which of the Following Was NOT Identified in the Textbook

question 69

Multiple Choice

Which of the following was NOT identified in the textbook as one of the disadvantages of franchising a business?

• A) Loss of control
• B) Friction with franchisees
• C) Franchisee motivation
• D) Differences in required business skills
• E) Legal expenses

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Definitions:

Long-Term Liabilities

Financial obligations of a business that are due more than one year in the future, such as bonds payable, long-term loans, and lease obligations.