A form of ownership that involves multiple outlets under common ownership is known as a(n):
A)consumer cooperative
B)corporate chain
C)contractual system
D)independent retailer

Question

Quizplus · Accepted Answer

Corporate chains involve multiple outlets under common ownership. Consumer cooperatives involve multiple members owning and operating a business. Contractual systems involve a franchisor granting a franchisee the right to operate a business using their name and system, but the franchisee is typically an independent entity. Independent retailers operate a single outlet that is not part of a larger chain or cooperative.

A Form of Ownership That Involves Multiple Outlets Under Common