An Arrangement in Which an Owner of a Formula to Make

question 38

True/False

An arrangement in which an owner of a formula to make a certain product licenses the formula to an outside party is a franchise.

---

Definitions:

Self-concept

The understanding and assessment of one's own abilities, behavior, and personality.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will, self-efficacy, and self-actualization.

Defense Mechanisms

Mental tactics employed by people, collectives, and nations to deal with real situations while preserving their own perception of self.

Congruence

The quality of agreeing, being in harmony, or matching precisely; often used in mathematics and psychology.