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what is a franchise? a government - funded business owned in multiple l…

Question

what is a franchise?
a government - funded business owned in multiple locations
a sole proprietorship with limited liability
the right to operate a business using the branding of another
a corporation owned by shareholders with a shared brand

Explanation:

Brief Explanations

A franchise is an agreement where one party (franchisee) is granted the right to operate a business using the brand, business model, and support of another party (franchisor). It's not a government - funded business, not a sole - proprietorship with limited liability, and not a corporation owned by shareholders in the traditional sense of the franchise concept.

Answer:

C. The right to operate a business using the branding of another