1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
horsena [70]
3 years ago
7

Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangem

ent is called a?
Business
1 answer:
Ket [755]3 years ago
5 0

Answer:

Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangement is called a franchise agreement.

Explanation:

The franchise agreement can simply be described as a legal agreement for binding of two or more companies. The agreement carries all the terms and conditions under which the two companies will work together. In such a kind of agreement, the owner of a business gives the rights of using the company name to another person or another company. The other company also gets the rights to sell products under the name of that company. In return, they agree to pay a commission or a part of their revenue as franchise fees.

You might be interested in
Zen Corp, an Australian company, and Pluto Inc, an American company, entered into a one-time contract to build an elevated expre
Marina CMI [18]

Answer: Joint Venture

Explanation:

Joint Venture is a form of business whereby two parties will have to come together and utilize their resources and put their skills together as well in order to achieve a common goal.

Zen Corp, an Australian company, and Pluto Inc, an American company, entered into a one-time contract to build an elevated expressway in Florida. The contract was for a period of five years and both companies were equally liable under their agreement. This is a form of joint venture.

7 0
3 years ago
Hungry lunch has net income of $73,402, a price-earnings ratio of 13.7, and earnings per share of $.43. How many shares of stock
Degger [83]

Answer: The number of shares outstanding is approximately 170702.32 shares.

We have :

EPS                       $0.43

Net Income       $73,402

The formula for computing EPS is

EPS = \frac{Net Income}{Number of shares outstanding}

Substituting the values from the question in the formula above we get,

Number of shares outstanding = \frac{73402}{0.43}

Number of shares outstanding = 170702.3256

6 0
3 years ago
Read 2 more answers
You often insert your company's logo into documents you create . One way to make it easier for you to quickly insert it is to sa
Bess [88]
Its easier to save it as a downloaded picture then you go into files on google drive or whatever typing site you use then you drag the picture from your files onto the document
7 0
4 years ago
An insurance policy with a higher premium most likely has ...
dimaraw [331]

I believe the answer is: A. Lower deductible

In choosing insurance, the premium is the amount that you should pay to the insurance company in exhange for the coverage of their service. While the deductibles are the amount that you should pay each year before the insurance company start paying on your behalf.

5 0
3 years ago
Read 2 more answers
An Amazon seller is deciding which of their products to invest in for the next quarter to maximize their profits. They have each
Aleksandr [31]

This question is about the sales strategy for online selling portal Amazon.

An Amazon seller is identifying strategy to revive its declining sales. The seller wants to maximize its revenue by adopting optimum product mix for next quarter.

The maximum profit can be calculated using the following :

maxProfit (k , profit): n = len(profit) rotate = n // 2

windowSum = float('-inf') iterator = 0

Conclusion: The products which are showing positive trend in the market should be placed visible for the next quarter. The products products profit is estimated to be equal to cost to invest which the price of product plus its launching expense.

Formula: The maximum profit a seller can achieve through this strategy is (k , profit):

n = len(profit) rotate.

Learn more Business at brainly.com/question/26144002

8 0
3 years ago
Other questions:
  • I am Stuck Please Help
    9·1 answer
  • g If the velocity of money triples, while real GDP and money supply remain unchanged, in the long run, the price level:
    11·1 answer
  • Is using special hand tools to avoid the point of operation an acceptable
    7·2 answers
  • Viable strategic options companies should consider in tailoring their strategy to fit circumstances of emerging country markets
    5·1 answer
  • You got a new credit card and spent $200 on the card last month. You forgot to make the payment on time and were assessed a $40
    9·2 answers
  • Identify which of the following opening adjusting entries should be used when setting up in QuickBooks an existing company with
    9·1 answer
  • A progressive tax system: __________
    5·1 answer
  • Pleaseeeee help meeeee
    11·1 answer
  • 2. What should Parker have done during the sales presentation when Kitchel told him that he needed to think it over?
    15·1 answer
  • Why is there is a difference between the roles of a manager, a monitor and an entrepreneur? Support your answer with an example.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!