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O-LevelCommerceBusiness enterprise7100/11 · Oct/Nov 2018 · Q351 Mark

Which term describes an arrangement by one company to grant permission to another company to use its trademark when selling products?

Afranchise
Blease
Clicence
Droyalty

✓ 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 2018 Paper 1 Variant 1, question 35.

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