Which of the Following Is True of a Franchise

question 76

Multiple Choice

Which of the following is true of a franchise?

• A) It is the international term for all small businesses.
• B) It is a type of novelty organization.
• C) It is an organization that provides loans to start small businesses.
• D) It is a prepackaged business bought,rented,or leased from a company.

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Definitions:

Paperback Novels

Books printed on lower quality paper, bound in a soft cover, and typically less expensive than hardcover editions.

Good X

A placeholder term used to represent any market commodity or product for the sake of economic analysis or discussion.

Income

Total earnings derived from labor, investments, and any other source, typically discussed in the context of individuals or households.

Income

Funds accrued regularly from work performed or assets invested.