Question 71 1 points Save Under a franchise arrangement, the buyer is called the
ID: 471111 • Letter: Q
Question
Question 71
1 points
Under a franchise arrangement, the buyer is called the
franchisee.
franchiser.
bank.
parent company.
wholesaler.
Question 72
1 points
Which of the following is NOT an important advantage of sole proprietorships?
freedom
low startup costs
tax benefits
unlimited liability
simple to form
Question 73
1 points
Under the concept of _______, a sole proprietor is personally responsible for all debts generated by a business.
limited liability
employment at will
unlimited liability
stare decisis
privity
Question 74
1 points
Mutual funds and pension plans are commonly referred to as
ESOPs.
spin-offs.
institutional investors.
mergers.
partnerships.
Question 75
1 points
According to the SBA, small businesses supply what percent of all "innovations" introduced into the American marketplace?
10 percent
90 percent
15 percent
55 percent
96 percent
Question 71
1 points
Under a franchise arrangement, the buyer is called the
franchisee.
franchiser.
bank.
parent company.
wholesaler.
Explanation / Answer
71. Franchisee
72. Tax Benefits
73. Privity
74.institutional investors
75.55%
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