Quentin operates an ice cream franchise which has shops throughout the United States. CoolCream Co., the franchisor, supplies the ingredients and formula so that Quentin can create the ice cream in his store and sell it fresh to customers. This relationship is known as a:
a.) chain-style business operation.
b.) joint development enterprise.
c.) distributorship.
d.) manufacturing or processing-plant arrangement.
d.) manufacturing or processing-plant arrangement.
Business
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Which of the following might cause a business which produces a profit to experience a negative change in cash?
a) an increase in the profits tax rate b) an increase in accounts payable c) a decrease in fixed costs d) an increase in fixed costs e) an increase in accounts receivable
Business
Tort Law applies to all of the following, EXCEPT:
a. Liability arising from the commission of an unintentional tort. b. Liability arising from negligence. c. Liability arising from a breach of duty. d. Liability arising from breach of contract.
Business