Which of the Following Holds True for Product Distribution Franchising

question 67

Multiple Choice

Which of the following holds true for product distribution franchising?

• A) It provides the franchisee with specific brand named products,which are resold by the franchisee in a specified territory.
• B) It provides an organization through which independent businesses may combine resources.
• C) It is an agreement that provides only the rights to use the franchisor's trade name and/or trademarks.
• D) It is an agreement that provides a complete business format.

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Definitions:

Acquired Traits

Characteristics or changes that are gained after birth due to environmental influences or personal actions, not determined by genes and therefore not inheritable.

Darwinian Evolution

The theory of biological evolution by natural selection proposed by Charles Darwin and Alfred Russel Wallace, emphasizing survival and reproduction of the fittest.

Genetic Variable

A factor in genetics that can be different in different organisms, affecting traits or outcomes in genetic research or inheritance.

Alfred Wallace

A British naturalist, explorer, and biologist who independently proposed the theory of evolution by natural selection.