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________ is a contractual agreement that specifies the methods by which a dealer can produce and market a supplier's good or service.

a) Franchise
b) Merger
c) Acquisition
d) Partnership

User Mistertim
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1 Answer

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Final answer:

A franchise option a, is a contractual agreement that allows a dealer to produce and market a supplier's goods or services based on a predetermined model. The franchisor provides support and the franchisee pays fees in return.

Step-by-step explanation:

An franchise option a, is a contractual agreement that specifies the methods by which a dealer can produce and market a supplier's good or service. It is another way to begin a business by purchasing the rights to start a business based upon a model designed by the franchisor. The franchisor provides training, supply chain support, and support in setting up operations, while the franchisee pays a franchise fee and royalty fees to the franchisor.

User Jamie Folsom
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