An arrangement whereby the parent company grants another firm the right to do business in a prescribed manner is referred to as ________
A) foreign investing
B) exporting
C) licensing
D) franchising
Answer: D
Business
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You have $5,000 in a 36 month Certificate of Deposit that has an APR of 3.75%. If inflation averages 4.25% during these 36 months, what is the real return on your CD?
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