Both Franchisees and Leased Department Operators Typically Pay Rent on the Basis

question 22

Multiple Choice

Both franchisees and leased department operators typically pay rent on the basis of a ________.

• A) percent of sales
• B) long-term lease with flat payments
• C) long-term lease with graduated payments
• D) month-to-month agreement

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Definitions:

Merchandise

Goods that are bought and sold in business.

Biweekly

Every two weeks.

Algebraically

Pertaining to the use of symbols and the rules for manipulating those symbols in mathematics to solve equations or express formulas.

Percent Discount

A reduction from the original price of an item or service, typically expressed as a percentage of the original price.