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
guapka [62]
3 years ago
13

You have been running a successful art and framing shop for three years. You have decided to allow others to use your business n

ame, materials, and methods in operating their own business for a fee. You are going to enter a____________.
Business
1 answer:
jeka943 years ago
3 0
<h3><u>Answer -</u></h3>

If one has been running a successful art and framing shop for three years and has decided to allow others to use his/her business name materials and methods in operating their own business for a fee. It may be called as a franchise agreement.

<h3><u>Explanation -</u></h3>

A franchise agreement allows the business owner to use the licensor's brand and method of doing business. The franchisor is the original or existing business owner who allows the other one to use his/her business name materials and methods in operating their own business.

A certain amount of fees is to be paid by the franchisee that may be called in the layman’s language as the licensee, who is supposed to pay the fee to the licensor (franchisor) are exchanged for the rights to use the franchisor's name is for a specific number of years.

You might be interested in
In 2009, Mississippi Valley Silica Company was ordered to pay a plaintiff $9 million because the court ruled that it sold sand t
andriy [413]

Answer:

The $9 million recovery is an example of <u>Civil Law</u>.

Explanation:

We know that civil law is a body of rules that defines and protects the private rights of citizens. It also offers legal remedies that may be sought in a dispute, and covers areas of law such as contracts, torts, property and family law.

It deals with behavior that constitutes an injury to a person or other private party, such as a corporation.

Since workers rights are violated as they using the sand on a regular basis would expose a worker to a form of cancer, and Mississippi Valley did not alert those who bought the sand about the risk.

Therefore, the $9 million recovery is an example of <u>Civil Law</u>.

8 0
3 years ago
A landlord leases property upon which the tenant makes improvements. The improvements are significant and are not made in lieu o
Sergio039 [100]

Answer:

The wherewithal to pay concept

Explanation:

3 0
3 years ago
You purchase a new stereo at a local electronics store and decide to pay using your credit card. You
S_A_V [24]

Answer:

D. 0% interest for 1 year and 12% interest after that

Explanation:

Since you are purchasing a new stereo and will be paying it off within a year, it will be best to choose a credit card that charges the lowest interest rate in the first year. This will be the one with 0% interest rate for the first year; choice D. After you use it , fully pay off the amount and you can cancel your credit card so you don't get charged the 12% interest rate from year 2 going forward.

3 0
3 years ago
M. Bot Corporation has 15,000 shares of 9%, $100 par value, cumulative preferred stock outstanding at December 31, 2017. No divi
Allushta [10]

Answer:

$95,000

Explanation:

The computation of the amount of dividends will common stockholders receive is shown below:

But before that first we have to determine the preference shareholder for 3 years i,e 2015, 2016 and 2017

= 15,000 shares × 9% × $100 × 3 years

= $405,000

Now the amount of dividends will common stockholders receive is

= $500,000 - $405,000

= $95,000

6 0
3 years ago
On this graph, the top horizontal line represents?
Novay_Z [31]

Answer:

a price floor set above equilibrium

Explanation:

A price floor is a concept to prevent prices from being too low. Generally, it is used by governments to prevent the rights of supplier and sellers. A horizontal line above the equilibrium depicts price floor.  Usually, if a price is set above the equilibrium, excess supply or surplus of commodities take place which results in a decrease in the prices. This is why the price floor is normally set at equilibrium.

6 0
3 years ago
Read 2 more answers
Other questions:
  • Lavender Furniture established itself in 1965 as a small firm. It was situated on a small stretch of land located miles away fro
    14·1 answer
  • Division X makes a part that it sells to customers outside of the company. Data concerning this part appear below: Selling price
    10·1 answer
  • Natural selection will eliminate any bad traits, because these traits will cause the extinction of the whole species
    14·1 answer
  • Darin bought his fiancée Sarah a 3-carat diamond ring for $43,121 from Mandarin Gems. Later, Mandarin supplied the newlyweds wit
    10·1 answer
  • Finn Fixes is a new charity that repairs donated cars for use by unemployed job seekers. Finn collects the cars from area unkard
    14·1 answer
  • The expected rate of return for a stock whose next dividend is "DIV1", that has a required rate of return "r" and expects to gro
    14·1 answer
  • Matt, the sole shareholder of Pastel Corporation (a C corporation), has the corporation pay him a salary of $600,000 in the curr
    11·1 answer
  • Which of the following journal entries is recorded correctly and in the basic format? a. Salaries and Wages Expense 550, Cash 1,
    10·1 answer
  • The ____ agenda contains the Welcome and introductions to provide opportunity for team members to get to know each other and the
    12·1 answer
  • A fixed asset with a cost of $22,535 and accumulated depreciation of $20,282 is traded for a similar asset priced at $60,652. As
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!