the right to use a company name or business process in a specific way is called a ______. license franchise…
the right to use a company name or business process in a specific way is called a ______. license franchise proprietorship joint venture
Answer
Brief Explanations:
A franchise is the right to use a company's name, business model, and processes in a specific way. A license is a more general permission to use intellectual - property. Proprietorship is a business owned by one person. A joint - venture is a business agreement between two or more parties.
Answer:
B. franchise