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Svetach [21]
4 years ago
15

Brian decided to open a local franchise of the well-known Mc-King Chicken, a fast-food restaurant. Which of the following would

be an advantage for Brian? A. Guidance from the franchisor B. Franchise holders paying for their security C. Disagreements increasing D. Contract disputes E. The franchisor maintaining a great deal of control
Business
1 answer:
yaroslaw [1]4 years ago
8 0

Answer:

A. Guidance from the franchisor

Explanation:

Under franchising , the franchisor grants license and transfer its business expertise, unique successful processes and ideas to another business (franchisee) , usually located in another country to, carry out franchisor's business in return for a fee.

Examples of Franchising being, KFC, McDonalds and chain of other fast food restaurants operating across the globe.

The franchisee i.e the one who avails the license to operate the business of franchisor, gets the benefit of using the already successful expertise and business guidance from the franchisor which otherwise would've required years of operations to develop.

Also the franchisee benefits from operating under established and renowned brand name of the franchisor.

So, in the given case, Brian would benefit in the form of, availing regular guidance and instructions from the franchisor.

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When must you sign a deposit slip?
lesya [120]
I believe the answer is: B. <span>You only need to sign a deposit slip when receiving cash.

Deposit slip would be filled with a list of cash and cash equivalent that you give to bank teller to be added to your bank account.
Most bank provide the services which allow you to take small percentage of your deposited check in the form of cash. When doing this, you need to sign it as a form of authorization.</span><span />
4 0
4 years ago
Read 2 more answers
A company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. The present value of an annuity fa
Nat2105 [25]

Answer: $8,391.90

Explanation:

So the company borrowed $40,000 from a bank.

They are to pay 7% interest on the note per year for 6 years.

We are to find the annual payments.

7% represents a constant payment schedule per year so we can use an Annuity formula.

Seeing as the Annuity factor has been calculated for us already we don't need to formula though.

The present value of an annuity factor for 6 years at 7% is 4.7665.

Calculating the present value of the annual payment can be done as follows,

= Amount / PVIFA (Present Value Interest Factor for an Annuity)

= 40,000/4.7665

= 8391.90181475

= $8,391.90

The annual payments equal $8,391.90.

5 0
4 years ago
Fixed assets includes the following, EXCEPT
Damm [24]

Answer:

C. Cows, chicken, and swine for sale at a company's farm

6 0
3 years ago
Jake accepted a management trainee position at opelika resorts, a real estate development company. corporate management believes
Lera25 [3.4K]

This company uses job rotation. It is the organized movement of staffs and personnel from one job to a different job inside the organization to attain numerous human resources purposes. For instance positioning new employees, improving career development teaching employees, and stopping job dullness or exhaustion.

3 0
3 years ago
Both parties to a valid and enforceable contract must provide consideration. In a contract for the sale and purchase of real est
Wittaler [7]

Answer:

The correct answer is C

Explanation:

The seller consideration is the consideration which is defined as to take the property off the place as well as the market it into the escrow.

For example, if the buyer wants to bought the house, then the buyer will provide an earnest amount of money deposit (it will be the consideration of the buyer), and the seller would agree to sell the home to the buyer (it is the seller consideration).

So, in the agreement of sale and the purchase of the real estate, the seller consideration is to give the property to the buyer.

3 0
3 years ago
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