A(n) ________ is established when one party licenses another party to use the first party's trade name, trademarks, commercial symbols, patents, copyrights, and other property in the distribution and selling of goods and services

A) proprietorship
B) franchise
C) implicit contract
D) general partnership

B

Business

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Which one of the following will increase the maximum rate of growth a corporation can achieve?

A. avoidance of external equity financing B. increase in corporate tax rates C. reduction in the retention ratio D. decrease in the dividend payout ratio E. decrease in sales given a positive profit margin

Business

Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of insurability. This rider is called a(n)

A) Guaranteed insurability rider B) Payor rider C) Endowment rider D) Family income rider

Business