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DECA: Business Law

Authored by Angela Allen

Business

9th - 12th Grade

1 Questions

DECA: Business Law
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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

To sell sweatshirts, jackets, and T-shirts imprinted with ABC University's logo, the Collegiate Sportswear Company pays royalties to the university. What type of business ownership does this situation exemplify?

Licensing agreement
General partnership
Business-format franchise
Multi-level marketing

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