A Franchise Is a System of Distribution in Which Semi-Independent

question 69

Multiple Choice

A franchise is a system of distribution in which semi-independent business owners pay ________ and ________ to a parent company in return for the right to become identified with its trademark, to sell its product or services, and often to use its business format and system.

• A)a percentage of sales; royalties
• B)upfront costs; incremental costs
• C)royalties; monthly consulting charges
• D)fees; royalties

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Definitions:

Classism

Prejudice or discrimination based on social class or perceived social class.

Natural Law

A philosophy asserting that certain rights or values are inherent by virtue of human nature and can be universally understood through human reason.

Religious Law

A legal system based on the religious doctrines and principles of a faith, guiding the behavior of its followers.

Human Nature

Refers to the distinguishing characteristics, including ways of thinking, feeling, and acting, that humans tend to have naturally, independent of the influence of culture.