Examlex

Solved

Developers of Freeware Rely on the Honor System, Trusting Users

question 149

True/False

Developers of freeware rely on the honor system, trusting users to send payment if software use extends beyond the stated trial period.


Definitions:

Franchise

A business arrangement between an owner of a trade name or trademark and a person who sells goods or services under the trade name or trademark.

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.

Chain-style Business

A business model where multiple outlets are owned, franchised, or managed under a single brand or corporation.

Franchisor's Standards

Regulations and expectations set by the franchisor that the franchisee is required to follow to maintain the consistency and quality of the brand.

Related Questions