Richard Manufacturing Co.manufactures a product and licenses retail dealers to sell that product to the public.Richard does not sell to the public.This type of franchise is called a(n):

Question

Quizplus · Accepted Answer

A distributorship franchise is when the franchisor authorizes a franchisee to sell a product to the public using the franchisor's name and trademark but the franchisor does not sell to the public directly. This matches the situation described in the question where the Richard Manufacturing Co. licenses retail dealers to sell their product to the public.