To avoid making a hasty judgment, a franchisee may not purchase a franchise for ________ days from the time the Franchise Disclosure Document is received

A) 3
B) 5
C) 10
D) 14
E) 30

D

Business

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A ________ is a retail firm owned by its customers. Members contribute money to open their

own store, vote on its policies, elect a group to manage it, and receive dividends. A) retailer cooperative B) voluntary chain C) consumer cooperative D) merchandising conglomerate E) franchise organization

Business

It is likely that the longer the time between trade-ins,

A) the higher is your average annual depreciation. B) the higher is your average annual total cost of operations. C) the lower is your average annual cost of operations. D) the lower is your average annual cost of ownership.

Business