Companies that derive their revenue from one or both of two sources: (1) from the sale of initial franchises and related assets or services, and (2) from continuing fees based on the operations of franchises.
(a) upfront fees
(b) assurance-type warranty
(c) cosignor
(d) franchises
Answer: (d) franchises
You might also like to view...
Which of the following statements is most correct?
A) The greater the risk associated with an investment, the lower the return investors expect from it. B) When choosing between two investments that have the same level of risk, investors prefer the investment with the higher return. C) If two investments have the same expected return, investors prefer the riskiest alternative. D) When choosing between two investments that have the same level of risk, investors prefer the investment with the lower return.
A short description of a person's work experience, educational background, and skills is typically contained in a(n):
A) résumé. B) retainer. C) patent application. D) IOLTA report.