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O-LevelCommerceBusiness enterprise7100/12 · Oct/Nov 2014 · Q371 Mark

What is formed when a large company, for a fee and a percentage of turnover, allows a small company to trade using its name?

Afranchise
Bmonopoly
Cpartnership
Dpublic corporation

✓ Correct answer

A: franchise

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About this question

Topic
Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2014 Paper 1 Variant 2, question 37.

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