A business franchise is defined as:

a. a merger

c. a cooperative

b. a semi-independent business that pays fees to a parent company

d. a business association that regulates the industry

Question

Business

Rhett Yates

13 August, 09:20

A business franchise is defined as:

a. a merger

c. a cooperative

b. a semi-independent business that pays fees to a parent company

d. a business association that regulates the industry

+5

Answers (1)

Know the Answer?

Madalynn Lara · Answer 1

The correct answer is letter b. a semi-independent business that pays fees to a parent company. Business franchise is composed of two people: Franchisee (owner) and Franchiser (who wants to own). It is a type of license that a party (franchisee) acquires to allow them to have access to a business's (the franchiser) proprietary knowledge.

A business franchise is defined as:a. a mergerc. a cooperativeb. a semi-independent business that pays fees to a parent companyd. a business association that regulates the industry

A business franchise is defined as:

a. a merger

c. a cooperative

b. a semi-independent business that pays fees to a parent company

d. a business association that regulates the industry