What Type of Contractual System Describes a Situation in Which

question 50

Multiple Choice

What type of contractual system describes a situation in which assistance in selecting the location, setting up the store or facility, advertising, and training personnel is provided by the parent company?

• A) administered system
• B) conglomerate system
• C) franchise system
• D) vertical integrated system
• E) retail-sponsored cooperative

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Definitions:

Price

The amount of money or its equivalent required to purchase a product, service, or asset.

Macaroni Salad

A type of salad typically made from cooked macaroni pasta and a variety of other ingredients, mixed in a mayonnaise-based dressing.

Quarts

A unit of liquid volume measurement in the United States, equivalent to a quarter of a gallon or approximately 0.946 liters.

Delicatessen

A retail establishment that sells a selection of fine, unusual, or foreign prepared foods, including meats, cheeses, and specialty dishes.