Which contractual system is distinguished by the fact that it is normally based on some unique product or service; method of doing business; or trade name, goodwill, or patent that has been developed?

A) voluntary chain
B) retailer cooperative
C) franchise
D) corporate chain
E) warehouse club

C

Business

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The number on the income statement that is most useful to lenders and investors is:

a. Sales revenue b. Gross margin c. Operating income d. Net income

Business

Of the following payment modes, which is generally the least expensive?

A) Quarterly B) Monthly C) Semiannual D) Annual"

Business