Which of the Following Statements About Franchises Is Correct

question 205

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 specified conditions.
• D) The acquisition cost of a franchise cannot be amortized because its useful life cannot be determined.

---

Definitions:

Schizophrenic Patients

Individuals diagnosed with schizophrenia, a chronic brain disorder characterized by distorted thinking, perceptions, emotions, language, self-awareness, and behavior.

Blunted

A term often used in psychology to describe a reduced or muted emotional response to stimuli that typically evoke stronger reactions.

Inappropriate

Not suitable or proper in the context or situation at hand.

Positive Symptoms

Symptoms of mental illness that are characterized by the presence of unusual behaviors or feelings, such as hallucinations or delusions, primarily in context with schizophrenia.