A Franchise Is Where a Business Owner Sells to Another

question 224

True/False

A franchise is where a business owner sells to another person the right to operate the same business in another location, under the original owner's business name and guidance.

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Definitions:

Medical Necessity

A legal and medical determination that a service or treatment is reasonably necessary for the diagnosis or treatment of illness or injury.

Insurance Carriers

Companies that provide insurance policies, offering protection against financial losses stemming from various risks.

Insurance Coverage

A contractual agreement in which an insurer agrees to compensate or protect an insured party against specified losses or damages in exchange for a premium.