Sunshine Foods Inc., an international fast-food chain, allows JP Inc. to use its logo and operate a retail outlet in the name of Sunshine Foods for a specified fee. Sunshine Foods also provides JP Inc. with assistance in relocating and establishing the outlet. This type of arrangement is known as _____.
A) a joint venture
B) a liability partnership
C) licensing
D) foreign direct investment
E) franchising
Correct Answer:
Verified
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