Mc-King Chicken
Brian decided to open a local franchise of the well-known Mc-King Chicken, a fast-food restaurant. Before he took the initiative to open the franchise, he tried to weigh all the advantages and disadvantages. He decided, based on his research and understanding, that it would be beneficial to open a local fast-food restaurant.
Refer to Mc-King Chicken. Which of the following would be an advantage for Brian?
A) Guidance from the franchisor
B) Franchise holders paying for their security
C) Disagreements increasing
D) Contract disputes
E) The franchisor maintaining a great deal of control
Question 2
Harlen Manufacturing is hesitant to extend trade credit to Brendan Drake. Instead, Brendan agrees to sign a promissory note. Harlen prefers this note because
A) it specifies when the goods will be delivered.
B) the money will still be paid if Brendan declares bankruptcy.
C) it is a legally binding and enforceable agreement.
D) it is a form of commercial paper.
E) it will receive the money from Brendan much sooner.
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