In Which Instance Will There Be No Dependency

question 34

Multiple Choice

In which instance will there be no dependency

• A)having something that somebody wants
• B)being uncertain of selling one's product
• C)possessing specialized knowledge
• D)empowering and sharing power
• E)having a resource with no viable substitute

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Definitions:

Due Diligence

An investigation or audit of a potential investment or product to confirm all facts, such as reviewing financial records, plus anything else deemed material.

Franchise Agreement

The legal contract that binds both parties involved in the franchise.

Product-Distribution Franchise

A product-distribution franchise is a franchising arrangement whereby the franchisee is granted the right to sell the franchisor's branded products.

Business-Format Franchise

A franchise model where the franchisor provides the franchisee with a complete system for operating a business, including brand, operational procedures, marketing, and support.