The earliest example of the use of franchising occurred in the sale of products to housewives located on the American prairie.In 1851,Isaac Singer sold travelling independent salesmen the rights to sell his sewing machines to end users.What type of franchising was this an example of?
A)business format
B)product and trade name
C)licensed
D)consumer based

Question

Quizplus · Accepted Answer

In product and trade name franchising,a dealer agrees to buy or sell certain products or product lines from a supplier.

The Earliest Example of the Use of Franchising Occurred in the Sale