Skip to content
Back to quiz
6. What do the letters LTD stand for?
- Limited Term Deal
- Private Limited Company
- Private Sector
- Public Limited Company
7. What is a Franchise?
- A marketing agreement where one business invests in another
- A marketing agreement where one business pays to use the name of another
- A big business
- A legal form of ownership
8. Which of the following is not a benefit of being a franchisee?
- The franchisee may use the branding of the franchisor
- The franchisee has to pay a royalty to the franchisor
- The franchisee can use the marketing material provided by the franchisor
- The franchisee can use the established reputation of another business
9. What is the name of the companies that are owned by a Holding Company?
- Subsidary Companies
- Subordinate Companies
- Substitute Companies
- Substation Companies