Contractual Arrangement Between a Parent Company and an Individual or Firm

question 249

Multiple Choice

contractual arrangement between a parent company and an individual or firm that allows the latter to operate a certain type of business under an established name and according to specific rules is referred to as __________.

• A) a corporate vertical marketing system
• B) a wholesaler sponsored voluntary chain
• C) a retailer-sponsored cooperative
• D) franchising
• E) an administered vertical marketing system

---

Definitions:

Electron

A minute particle of matter charged with the smallest known amount of negative electricity; opposite of proton.

Negative Electricity

An outdated term historically used to describe what is now known as the flow of electrons, or electric current, particularly in the context of static electricity.

Proton

A subatomic particle found in the nucleus of an atom, carrying a positive electrical charge.

Implants

Medical devices inserted into the body to replace missing parts, support bodily functions, or deliver medication.