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When a business owner purchases a license that gives them the right to use the name and business practices of a company, this individual owns a ____________. a. monopoly c. patent b. franchise d. proprietorship
b. [ franchise when a business owner purchases a license that gives them the right to use the name and business practices of a company, this individual owns a franchise. What is a franchise? A franchise is a right granted to an individual or group to market a company's goods or services within a certain territory or location. Some examples of today's popular franchises are McDonald's, Subway,
Domino's Pizza, and the UPS Store. If you satisfy with our answer please provide positive rating to us Thank You for visiting weegy ]
Expert answered|sairam2|Points 23|
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Asked 3/2/2013 10:44:10 PM
Updated 3/2/2013 11:25:40 PM
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Added 3/2/2013 11:25:40 PM
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Factors that cause a producer s average cost per unit to fall while output rises are known as Please select the best answer from the choices provided
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