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If Option 1 Costs $120 and Option 2 Costs $90

question 130

True/False

If Option 1 costs $120 and Option 2 costs $90, then the differential cost is $210.


Definitions:

Prospective Franchisee

An individual or entity considering the acquisition of a franchise license to operate a franchised business.

Reasonable Basis

Reasonable basis is a standard in law and finance that suggests a belief or action is supportable based on the facts and evidence available at the time, implying due diligence was exercised.

Limited Legal Liability

A legal status in which an individual's financial responsibility for a business's debts or obligations is restricted to a predetermined amount, usually limited to their investment.

Small Business

An enterprise with limited revenue and a small number of employees, as defined by government standards.

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