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