CHAPTER 18 - C HAPTER 18 1. Which of the following is NOT a...

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CHAPTER 18 1. Which of the following is NOT a factor to consider when deciding which form of business organization to adopt? **The ease of public relations 2. The simplest form of business is: **A sole proprietorship 3. One of the major advantages of a sole proprietorship is that: **The proprietor receives all the profit 4. The major disadvantage of a sole proprietorship is: **The proprietor bears the burden of all losses 5. An example of distributorship franchise would be which of the following? **A Honda dealership 6. A local Taco Bell restraint is an example of which kind of franchise? **A chain-style business operator 7. Which type of law primarily governs franchises? **Contract law 8. One of the reason why state governments and the federal government have passed statutes to regulate franchises is: **To protect prospective franchises from dishonest franchisors and franchise termination without good cause. 9.
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This note was uploaded on 11/16/2010 for the course BUS bus 340 taught by Professor R during the Spring '10 term at American River.

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CHAPTER 18 - C HAPTER 18 1. Which of the following is NOT a...

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