Examlex
What is the key benefit that nonstore retailing offers modern consumers?
Licensing
The act of granting official permission to use intellectual property, perform specific activities, or operate legally under defined conditions.
Sole Proprietorship
A business structure where a single individual owns and runs the business, enjoying full control and responsibility for its debts and liabilities.
Partnership
A lawful business structure involving two or more people who manage and profit together.
Manufacturing Franchise
A type of franchise agreement granting the right to manufacture and sell goods using the franchisor's trademark and business model.
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