MATCHING Select the Term That Matches Each of the Following Descriptions

question 72

Short Answer

MATCHING
Select the term that matches each of the following descriptions.
a.Interest
b.Maturity Value
c.Principal
d.Lender
e.Factoring
f.Fraction of year
g.Maturity date
h.Implicit
i.Maker
-The length of time a note is outstanding--the period of time between the date it is issued and the date the note is due to be paid

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Definitions:

Franchisor

The party in franchising that owns the overarching company, trademarks, and products or services being offered, which grants the right for a franchisee to operate under the business's name.

Franchisee

A party that acquires the rights to use a company's trademark and business model to conduct business under that name.

Royalty Fees

Periodic payments made by a franchisee to the franchisor, typically based on a percentage of the franchisee's sales revenue.

Gross Profits

The total revenue from sales minus the cost of goods sold, before deducting operating expenses.