Which of the following is true for franchisors?
A) The franchisor has to pay the franchisee to be part of the franchise system.
B) The franchisor licenses the trade mark from the franchisee.
C) The franchisor must change its operations to suit those of the franchisee's.
D) The franchisor collects royalty payments from the franchisee.
E) The franchisor pays start-up costs for the franchisee.
D
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One year ago the spot rate of U.S. dollars for Canadian dollars was $1/C$1. Since that time the rate of inflation in the U.S. has been 4% greater than that in Canada
Based on the theory of Relative PPP, the current spot exchange rate of U.S. dollars for Canadian dollars should be approximately: A) $0.96/C$. B) $1/C$. C) $1.04/C$. D) Relative PPP provides no guide for this type of question.
What tactic could a unionized employee take to show why they are striking against an employer?
A) Picketing B) Boycotting C) Work slowdowns D) Mediation E) Lockouts