Solved

A Franchise Agreement Is

Question 11

Multiple Choice

A franchise agreement is:


A) a formal contractual arrangement specifying a parent-subsidiary relationship.
B) an informal voluntary arrangement specifying a parent-subsidiary relationship.
C) between independent sub-units of a single corporation with decision-making authority.
D) a control system that helps corporations effectively manage, administer and direct economic resources within the firm.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents