The Most Significant Advantage of a Franchise Is the Increased

question 23

Multiple Choice

The most significant advantage of a franchise is the increased probability of ________, given that franchise brands have positive track records and instant recognition in most communities.

• A) Success
• B) Failure
• C) Popularity
• D) Optimism
• E) Regret

---

Definitions:

Cash Paid

The actual amount of money disbursed for expenses, purchases, or liabilities.

Accounts Receivable

Funds that customers owe to a business for products or services already provided but not paid for.

Credit Sales

Sales made by a business where the customer is allowed to pay at a later date.

Cash Sales

Transactions where payment is made in cash at the time of the sale, with immediate transfer of ownership and benefits.