Trampoline Park, Inc. is licensed to sell the new Tramp-o-matic trampoline that is manufactured by SMPB Manufacturing. What type of arrangement is this?
A) distributorship
B) manufacturing arrangement
C) chain-style business operation
D) franchise
E) operational surplus agreement

Question

Quizplus · Accepted Answer

A distributorship involves a manufacturer (SMPB Manufacturing) granting a seller (Trampoline Park, Inc.) the right to sell its product (Tramp-o-matic trampoline), which is the arrangement described.