What are the advantages of franchising?
What will be an ideal response?
Franchising affords multiple advantages to both the franchisee and the franchisor. The franchisee may use a trademark owned by the franchisor that is well known and/or highly advertised. From the franchisee's standpoint, especially if he or she has had little or no experience in the business being franchised, the franchisee may get valuable help through a turnkey operation. One of the major advantages of franchising for the franchisor is the possibility of rapid expansion by using the financial resources of the franchisees. Through franchising, the franchisor can gain considerable control over the distribution of its products or services without owning the retail outlets. By carefully controlling the number and location of outlets, the franchisor can reduce competition among them and perhaps encourage them not to carry competitive products.
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Monty Enterprises, a subsidiary of Kerry Company based in Delaware, reported the following information at the end of its first year of operations (all in British pounds): assets--483,000; expenses--360,000; liabilities--105,000; capital stock--90,000, revenues--648,000 . Relevant exchange rates are as follows: On date subsidiary stock was purchased ................ $2.07 Average rate for the year
............................. 1.86 At year end ........................................... 1.82 As a result of the translation process, what amount is recorded on the financial statements as the translation adjustment? a. $34,020 debit adjustment b. $34,020 credit adjustment c. $11,520 debit adjustment d. $11,520 credit adjustment
Which of the following strategies for reducing GHG in the United States is most favored by Republican presidents?
a. subsidies for reduction behaviors b. cooperative regulation c. adversarial regulation d. governmental regulation
Ron owes Lloyd $500 due March 1. Lloyd assigns his right to the money to Lou, but neither Lloyd nor Lou notifies Ron. On March 1, Ron pays Lloyd the $500. Ron is not discharged from his obligation, but is liable to Lou for the money
Indicate whether the statement is true or false
Think about a landlord/tenant relationship and find which of the following sources of law would NOT apply
A) Private law B) The Interstate Land Sales Full Disclosure Act C) Uniform Residential Landlord Tenant Act D) Fair Housing Act