UNIT 9 - GOING IT ALONE

What is the definition of "franchise"?

• A legal and commercial relationship between the owner of a trademark and an individual or company
• A legal agreement between two companies to share profits
• A business model based on direct competition with established brands
• A form of taxation on independent businesses

Which word class does "independent" belong to?

• Noun
• Verb
• Adjective
• Adverb

Which term is associated with high-quality or exotic ingredients and skilled preparation?

• Regular income
• Gourmet
• Sceptical
• Start-up fee

What does "regular income" refer to?

• A stable and predictable amount of money earned regularly

• An irregular amount of money earned through investments and loans

• A one-time payment required to establish a new business

• A type of income earned through franchising

Which spelling of the word is correct in American English?

• Sceptical
• Skeptical
• Scetpical
• Sketical

What does "legitimate" mean?

• Genuine, lawful, or valid
• Suspicious or unreliable
• Disconnected or unaffiliated
• Incomplete or flawed

What is a "start-up fee"?

• A fee charged by established businesses to assist start-ups
• A regular fee paid by franchisees to the franchisor
• A one-time payment required to initiate a new business
• A fee associated with trademark registration

What are "concepts"?

• Concrete objects or substances
• Abstract ideas or general notions
• Specific terms used in a particular field
• Tangible representations of thoughts

What are "trademarks" used for?

• Distinguishing and identifying a particular product or brand
• Protecting trade secrets of a company
• Guaranteeing a product's quality or reliability
• Ensuring fair competition among businesses

What are "luxury foods"?

• Basic food items consumed on a daily basis
• High-quality and often expensive food items
• Foods that are prohibited by dietary restrictions
• Pre-packaged meals for convenience