Which of the following contractual systems is distinguished by the fact that it is normally based on some unique product or service?
A)voluntary chain
B)retailer cooperative
C)franchise
D)independent
E)warehousing

Question

Quizplus · Accepted Answer

A franchise is based on a unique product or service that is legally protected by the franchisor. The franchisee pays for the right to use the franchisor's trademark, trade name, and business system to sell the unique product or service in a specified geographic area. The other options, such as voluntary chains and retailer cooperatives, are based on the cooperation of independent retailers to achieve economies of scale and other benefits, while independent retailers operate without any contractual restrictions or affiliations.

Which of the Following Contractual Systems Is Distinguished by the Fact