Lolgod102010

A franchise disadvantage is if you want to sell, the franchisor must approve the new owner.

When Pat Sloane bought a Tidy Maid franchise, she became a:

A franchise disadvantage is if you want to sell, the franchisor must approve the new owner.

A disadvantage in a partnership is the potential for disagreements among the partners

When a profitable franchise fails simply because other franchisees have failed

When going into a partnership, you should always:

software company and a fast food restaurant company decide to merger

A franchise can be formed as a sole proprietorship, a partnership, or a corporation

One of the advantages of a franchise is:

In this form, there is no one with whom to share the burden of management

One benefit of a sole proprietorship is the easy availability of funds

Which form of ownership is the most common?

In a leveraged buyout a company buys all of the stock of a firm & takes it off the open market.

International franchising is:

An S corporation avoids the double taxation of a conventional C corporation.

One reason that companies participate in mergers and acquisitions

One advantage of a corporation is the limited liability of the owners.

Can have only 100 shareholders, who are permanent US residents

This stock is not available to the general public through a stock exchange

Corporations are the easiest form of ownership to start and terminate.

The main reason for a conglomerate merger is that:

The merger between Daimler (German automaker) & Chrysler (American automaker) was verticle.

Individuals are not permitted to incorporate.

The owners of a corporation are called:

It is relatively easy to get in and out of business when you are a sole proprietor