AnswersOC27 Economics-2102310-Sem-MeadowsBusiness Structures

Business Structures Answers

2 verified answers1 views
1
Free Preview

What role does a fast-food corporation play when it agrees to franchise its business? Select four answers.supply traininglicense a trademarkselect a locationpay associated feessupply advertisingcollect most profits

A
supply training
B
license a trademark
C
select a location
D
pay associated fees
E
supply advertising
F
collect most profits
2
Free Preview

Which can be considered disadvantages of sole proprietorships and partnerships?

A
Partnerships require many people to write a charter, while sole proprietorships require one person to write a charter.
B
Sole proprietorships require one person to know complicated tax laws, while partnerships require many people to know the rules.
C
Partnerships require one person to do many things, while sole proprietorships require many people to weigh in on decisions.
D
Sole proprietorships require one person to do many things, while partnerships require many people to weigh in on decisions.

Did you find these answers helpful?

More from this Course

Quiz
10 verified answers

Business Structures

Quiz
10 verified answers

Entrepreneurship

Quiz
10 verified answers

Business Structures

Business Structures Answers — OC27…