A(n)___________ Is an Arrangement Whereby Someone with Proven Idea for a Business

question 42

Multiple Choice

A(n) ___________ is an arrangement whereby someone with proven idea for a business sells the rights to use the business model,to sell a product or service to others in a given territory.

• A)conditional grant
• B)franchise agreement
• C)trade contract
• D)extended ownership agreement

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Definitions:

Self-fulfilling Prophecy

A belief or expectation that an individual holds that causes it to become true simply because the belief influences behavior towards that outcome.

Social Processes

The patterns of interactions and changes in relationships and societal norms over time.

Patriarchal Society

A social system in which men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.

Implications

The possible effects or results of an action or decision, especially those that are unintended or indirect.