Which of the Following Statements About Franchises Is Correct

question 80

Multiple Choice

Which of the following statements about franchises is correct?

• A)Franchises are privileges granted by a government to use public property in performing services.
• B)The acquisition cost of a franchise is always amortized over its legal life.
• C)Franchises are privileges granted by a business to sell goods or services under qualified conditions.
• D)The acquisition cost of a franchise cannot be amortized because its useful life cannot be determined.

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Definitions:

Periphery

The outer limits or edge of an area or object, often used to describe the boundary of something.

Generative Cell

In plants, a cell within the pollen grain that divides to form two sperm cells during fertilization processes.

Pollen Grain

The structure that contains the male gametophytes of seed plants, responsible for the fertilization of the ovule.

Pseudocopulation

A behavior in some plants and animals where an individual engages in mating-like activities with objects or organisms of another species, often to enhance pollination or dispersal mechanisms.