Question

Zully has obtained an SBA loan to start a new business in her town. She has an arrangement with Ford Motor Company to be the exclusive seller of Ford vehicles. She has used the SBA loan to purchase this dealership, purchase land, build the dealership buildings, and pay for all of the initial advertising. What is the most likely form of business she has adopted for this company?

Answer 1

Answer:

Zully most likely has a manufacturing franchise

Explanation:

Based on the scenario being described within the question it can be said that Zully most likely has a manufacturing franchise. This is a franchising agreement in which the franchiser gives a manufacturer the right to produce and sell their products while also using their name and brand. Which is exactly what Zully is doing by selling Ford Vehicles.