Explanation: Franchise is a type of business by which the owner of a commodity attains supply through affiliated sellers.
In this case, a company authorizes its practical knowledge, techniques, mental power possession, use of its company prototype, trademark and rights to sell its branded commodities and services to another company or individual, typically called a franchisee.
Also, the franchisee pays certain payments while concurring to comply with certain responsibilities usually set out in a franchise treaty.
As the name implies, the most basic difference between a product and a service is that services are intangible, meaning they cannot be touched, tasted, or seen like a pure product can.
Thom and josie have lived in their florida home for 15 years and it is their permanent residence. the value of their home is $350,000. Amount of their home’s value can they exempt from school taxes is $25,000 from school taxes, and $50,000 from non-school taxes.
What is School Taxes?
A specific tax designated for providing financial support to a school district is referred to as a "school district income tax." Other municipal, state, and federal taxes are not like this.
Therefore,
Thom and josie have lived in their florida home for 15 years and it is their permanent residence. the value of their home is $350,000. Amount of their home’s value can they exempt from school taxes is $25,000 from school taxes, and $50,000 from non-school taxes.
To learn more about school taxes from the given link:
The answer is specialty store. This type of retail store
focuses more on providing or selling products that has a specific category in which
they hold one type of category that are being separated from other categories when selling or producing products to their
retail business in which one example can be a men’s clothing and women's clothing.