In the automobile industry,a manufacturer licenses dealers to sell its cars subject to various sales and service conditions.This system is called a(n):

Question

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The given scenario describes the manufacturer licensing dealers to sell its cars subject to various sales and service conditions, which is known as a manufacturer-sponsored retail franchise system. Option A is incorrect as it includes the term "producer" which is not relevant to the given scenario. Option B is incorrect as it includes the term "retail" but does not specifically mention "manufacturer-sponsored." Option C is incorrect as it includes the term "wholesale" which is not relevant to the given scenario.

In the Automobile Industry,a Manufacturer Licenses Dealers to Sell Its