The difference between a franchise contract and a licensing contract is that a

A. franchise contract involves less control and less risk.
B. franchise contract is more specific and usually longer in duration.
C. franchise contract must include a foreign government.
D. licensing contract covers more aspects of operations.


Answer: B

Business

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Value propositions clarify the unique value a product or service provides to its customers

Indicate whether the statement is true or false

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Melting pot means a sociocultural assimilation of people of differing backgrounds and nationalities

Indicate whether the statement is true or false.

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John bought 100 shares of ABC stock at $60 a share with a 50% initial margin requirement. If the maintenance margin requirement is 30%, John will get a margin call when the stock's price falls to $30 a share

Indicate whether the statement is true or false.

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