In a ________ corporation, the voting stock is held by a small ...

[tingc95]

In a ________ corporation, the voting stock is held by a small number of individuals and is very thinly or infrequently traded.
 
  A) public
  B) private
  C) narrow
  D) cautious public
  E) closely-held

Question 2

Which of the following statements is incorrect regarding product and trademark franchises?
 
  A) Rather than obtaining a royalty or franchise fee, the product and trademark franchisor obtains the majority of its income from selling its products to its dealers or distributors at a markup.
  B) Ford Motors establishes product trademark rather than business format franchises.
  C) Product trademark franchises are more popular than business format franchises.
  D) Product and trademark franchisees are typically permitted to operate in a fairly autonomous manner.
  E) A product trademark franchise typically connects a single manufacturer with a network of dealers or distributors.

[Hikerman221]

Answer to Question 1

E

Answer to Question 2

C

[tingc95]

TYSM

[hollysheppard095]

YES! Correct, THANKS for helping me on my review