A Franchise Can Be Formed

question 148

Multiple Choice

A franchise can be formed

• A) only as a general partnership.
• B) only as a corporation.
• C) as either a corporation or partnership, but not as a sole proprietorship.
• D) as a corporation, partnership, or sole proprietorship.

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Definitions:

Voters

Individuals who have the right and responsibility to vote in elections to choose leaders and shape policies.

Social Policy

A governmental policy aimed at addressing social issues and ensuring the welfare and well-being of citizens through various means, such as healthcare, education, and income support.

Presidential

Pertaining to the president of a country or an organization, often relating to the duties, powers, or period of office of such a position.

Congressional

Relating to a formal legislative body, often referred to in the context of the United States Congress, which is responsible for making national laws.