An arrangement in which a supplier grants a dealer the right to sell products in exchange for some type of consideration is

Question

Quizplus · Accepted Answer

The arrangement described is franchising, where a supplier (franchisor) grants a dealer (franchisee) the right to sell products using the franchisor's brand and business model in exchange for a fee or percentage of sales. This allows the franchisor to expand their business without the costs and risks of opening new locations themselves, while the franchisee can benefit from the established brand recognition and support from the franchisor.

An Arrangement in Which a Supplier Grants a Dealer the Right