The ________ is the party in a franchise relationship who sells or distributes goods using the trade name or trademark

A) franchisee
B) franchisor
C) delegator
D) delegatee


A

Business

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Which of the following depreciation methods is considered to be the least conservative?

a. Sum-of-the-Years' Digits b. Declining-Balance Method c. Straight-Line d. each method is equally conservative e. Sum-of-the-Years' Digits and Declining-Balance Method are equally conservative

Business

Open-book management is most effective in decentralized organizations

Indicate whether the statement is true or false

Business

The customers ledger is controlled by the general ledger account entitled Accounts Payable

Indicate whether the statement is true or false

Business

If a person declares personal bankruptcy for the second time, the bankruptcy stays on their credit rating for

A) 18 months B) 3 years C) 6 years D) 14 years E) forever

Business