What does an individual receive on purchasing a franchise?
What will be an ideal response?
The franchise is essentially a prepackaged business, where there are policies, procedures, and buying patterns in place prior to beginning operations.
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Tax planning
A) guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk. B) ignores the source of income and concentrates solely on the amount of income. C) is primarily done by individuals with incomes below $200,000. D) is limited to reviewing income for the current year and determining how to minimize current taxes.
Contracts for the sale of fabric, automobiles, computers, furniture, and paper clips would all be governed by Article 2 of the Uniform Commercial Code.
Answer the following statement true (T) or false (F)
Placement of a desk in the office can provide clues to the exercise of ________ by the decision maker
Fill in the blank(s) with correct word
Two events with nonzero probabilities _____
a. can be both mutually exclusive and independent b. cannot be both mutually exclusive and independent c. are always mutually exclusive d. are always independent