Which of the Following Statements Is Incorrect Regarding Business Format

question 24

Multiple Choice

Which of the following statements is incorrect regarding business format franchises?

• A) Arby's sells business format franchises.
• B) A business format franchise can be very rigid and demanding.
• C) Automotive services and convenience stores are well-known examples of business format franchises.
• D) In a business format franchise, the franchisor provides a formula for doing business to the franchisee along with training and other forms of support.
• E) The business format franchisor obtains the majority of its income from selling its products to its dealers at a markup.

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Definitions:

Protons

Positively charged subatomic particles found within the nucleus of an atom.

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom.

Charged Atom

A charged atom, also known as an ion, is an atom that has gained or lost one or more electrons, resulting in a positive or negative charge.