A ???__________________ is a special kind of business organization involving a contractual relationship between a parent firm and an independent company.

Question

Quizplus · Accepted Answer

A private franchise involves a contractual relationship between a parent firm (franchisor) and an independent company (franchisee) where the franchisee has the right to use the parent company's business model and trademark in exchange for payment and adherence to certain rules and regulations.

A ???__________________ Is a Special Kind of Business Organization Involving