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Which of the following firms best fits the definition of a monopoly?
Expanded Financial Capacity
An increase in a company or organization’s ability to secure funding or generate financial resources.
Limited Liability
A legal status where a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership.
Franchising Agreement
A legal contract between a franchisor and franchisee, outlining the rights, responsibilities, and terms for operating a franchise.
Franchisor
A company or individual that grants the right to operate a business under their brand and system to a franchisee.
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