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stellarik [79]
3 years ago
10

FitForLife Gym, a large U.S. based fitness center, receives royalty payments from WeWelness, a small Canadian company, for using

its name and gym equipment. The FitForLife Gym brand is well known across the world and many fitness centers use its brand to attract customers. This form of agreement is an example of _____.
Business
1 answer:
Andre45 [30]3 years ago
8 0

Answer:

<em>Licensing </em>

Explanation:

Licensing <em>is a business agreement whereby one company gives authorization to another company to produce its product for a defined fee.</em>

Licensing allows you to immediately tap current manufacturing, marketing and distribution systems which may have been built by other companies for decades.

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It is more important to use positive language in business messages because positive language sends a better appearance rather than sending a business message with negative language.

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Maksim231197 [3]

The 4 P's:

Price - cost of the product

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5 0
3 years ago
Why is a weather specialist important on major incidents?
Naddika [18.5K]

<span>Weather specialists or weathermen are reporters about weather warnings, with no formal meteorological training. Even though they have no formal trainings, they are important especially on major incidents because they are the ones who give forecasts or weather warnings. In so doing, they can protect people’s life and property. </span>

7 0
3 years ago
a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?
ella [17]
Debited to the inventory account.


Hope this helps!
5 0
2 years ago
To take advantage of an arbitrage opportunity, an investor would
Svetach [21]

Answer:

The answer is III) make simultaneous trades in two markets without any net investment.

Explanation:

Arbitrage is simultaneously buying an asset ( may be currency, securities...) in a low-priced market and sell it in a high-priced market.

As a results, the investor earns profit from price differences in the two markets without risk and net investment. It is because the two trading happens at the same time once price differences in any two markets are recognized ( arbitrage opportunities recognized) and the proceed of selling the asset is immediately used for financing/returning to the buying of the asset.

Thus, (III) is the correct answer.

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