McDonald's, KFC, and Subway are examples of
A. licensing.
B. strategic alliances.
C. joint ventures.
D. franchising.
Answer: D
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A mixed cost
A) contains both a fixed and variable component B) is always easy to separate C) will decrease as output increases D) none of the answers are correct
If net income equals $60,000, and net sales equal $500,000, what is the profit margin?
a. 12% b. 1.20% c. 0.83% d. 8.33%
A(n) ________ contract is a contract that has not been fully performed by either or both sides.
A. formal B. executory C. auction D. implied-in-fact
Joanne had a paycheck for $94 made out to her. She indorsed it with her name and gave it to Larry who, in return, agreed to paint her living and dining rooms the next Saturday. In this case:
a. the check is not negotiable. b. Larry is not a holder. c. Larry is not a holder in due course. d. Larry has given value for the check.