A franchise agreement can be for a fixed term and deny the franchisee the right to renew the franchise agreement even if the franchisee has been successful
Indicate whether the statement is true or false
TRUE
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The single-step form of income statement lists all revenue items and their totals first, followed by all expense items and their totals, to produce a difference that is either net income or net loss
a. True b. False Indicate whether the statement is true or false
Choose the statement that is true of entrepreneurship.
A. Entrepreneurs take careful, calculated risks and are not afraid to act on those decisions. B. Entrepreneurs are their own bosses and independent. C. Any entrepreneur with a good idea can raise venture capital. D. If an entrepreneur is talented, he or she will quickly succeed. E. Entrepreneurs "get rich quick" and enjoy a lot of leisure time.
Tort damages generally attempt to restore the plaintiff to the same position he or she was in before the tort occurred
a. True b. False Indicate whether the statement is true or false
A ________ is a business that markets a product or service in the manner prescribed by the parent business.
A. license B. franchise C. replica D. branch