Which of the following is a continuing relationship in which an individual or business grants business rights to operate or sell a product to another individual or business?
A) a leasing contract
B) an alliance for profit
C) a brokered partnership
D) a franchise

Question

Quizplus · Accepted Answer

A franchise is a continuing relationship in which a franchisee (individual or business) is granted the right to operate or sell a product under the franchisor's (individual or business) established business model, brand name, and operating procedures. This relationship typically involves payment of initial fees and ongoing royalties to the franchisor. A leasing contract is a contractual agreement for the use of property, while an alliance for profit and a brokered partnership are not specifically related to granting business rights or the operation of a franchise.

Which of the Following Is a Continuing Relationship in Which