An arrangement in which a business owner allows others the right to use its name and sell its goods or services within a specific geographical area is known as a cooperative.

Name: An arrangement in which a business owner allows others the right to use its name and sell its goods or services within a specific geographical area is known as a cooperative.
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Question

Quizplus · Accepted Answer

This arrangement is known as a franchise. A cooperative, on the other hand, is a business owned and operated for the benefit of its members.

An Arrangement in Which a Business Owner Allows Others the Right