GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ABC speciality wear is the only company that has written permission to use a national football team’s logo on its sportswear. this is an example of ____
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limited joint-venture contract
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licensing agreement
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product trade-name contract
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sole proprietorship
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Explanation:
Detailed explanation-1: -Sole Proprietorship This is a business run by one individual for their own benefit. It is the simplest form of business organization.
Detailed explanation-2: -Which of the following is a characteristic of a product trade-name franchise: The franchisee can choose the name of the business.
There is 1 question to complete.