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usace 33% 3:53 PM Read Only - You can\'t save change. .. selling their interest

ID: 2510768 • Letter: U

Question


usace 33% 3:53 PM Read Only - You can't save change. .. selling their interest for a profit. A) Venture capitalists B) Business incubalors C) IPO's D) Angel investors 6B) When a corporalion ollers its stock to the public lor sale for the lirst time, the initial shares of stock are the company's A) venture capital B) seed money C) microloan capital Di incubator funds E) initial public lering (IPO 69 AIn) ives the buyer the right to use a specilic business's name and sell its producis or services within a gen terrtory A franchise B) initial public offering partnership C) microlender D) SBA loan 70 You have decidecd to open a pet store andgned an agreement with Dogz-N-Calz Centers Inc You and the company have drawn up an agreement that allows you to use the Dogz-N-Catz nae and its business format, to receive training, and to use its advertising materials. Under this agreement, Dogz-N-Catz, Inc. is the A) franchisee B) venture capitalist C) ranchisor D) angel iwestor El entrepreneur 1) In a franchise business, the party who pays the inital franchise fee and the royalties is known as the A) franchisor B) local chain C) venture capitalist E) angel investor 72) One reason that franchises are popular is that the potential owner A) does not have to take any risk B) has C) ces ot have to invest any uprond capital D) has little condrol over decisions the ranchsor makes El gets a viable and working business model a guaranteed customer base 3) One major disadvantage of a franchise for the franchisee is A) instant name recognition B) diminished control over business decisions C) raining in operating the business D) site-lccalion sludies E) assistance in linancing the initial ivesiment

Explanation / Answer

Question : 68 Answer = Option E = Initial Public Offering Question : 69 Answer = Option A = Franchise Question : 70 Answer = Option C = Franchisor Question : 71 Answer = Option D = Franchisee Question : 72 Answer = Option B = Guaranteed Customer Base Question : 73 Answer = Option B = Diminised control over business decission