Chapter 7 Entrepreneurship

Advertising Fees

• The grant of a property right to an inventor to exclude others from making, using, or selling his or her invention

• A legal agreement that gives an individual the right to market a company's products or services in a particular area

• Paid to the franchise company to support television, magazine, or other advertising of the franchise as a whole

• a business that has the legal rights of a person but is independent of its owners

Dividends

• Distributions of corporate profits to shareholders

• A group of people who make decisions affecting a company

• A regulatory document describing a franchise opportunity that prospective franchisees must receive

• A business that has the legal rights of person but is independent of its owners

Patent

• A legal agreement that gives an individual the right to market a company's products or services in a particular area

• The grant of a property right to an investor to exclude others from making, using, or selling his or her invention

• Paid to the franchise company to support television, magazine, or other advertising of the franchise as a whole

• A regulatory document describing a franchise opportunity that prospective franchisees must receive

Board of directors

• Distributions of corporate profits to shareholders

• A regulatory document describing a franchise opportunity that prospective franchisees must receive

• A group of people who make decisions affecting a company

• The grant of a property right to an inventor to exclude others from making, using, or selling his or her invention

corporation

• Paid to the franchise company to support television, magazine, or other advertising of the franchise as a whole

• A business that has the legal rights of a person but is independent of its owner

• A group of people who make decisions affecting a company

• The grant of a property right to an inventor to exclude others from making, using, or selling his or her invention

Franchise

• Distribution of corporate profits to shareholders

• A group of people who make decisions affecting a company

• A business that has the legal rights of a person but is independent of its owners

• A legal agreement that gives an individual the right to market a company's products or services in a particular area

Franchise Disclosure Document

• The grant of a property right to an inventor to exclude others from making, using, or selling his or her invention

• Distributions of corporate profits to shareholders

• Paid to the franchise company to support television, magazine, or other advertising of the franchise as a whole

• A regulatory document describing a franchise opportunity that prospective franchisees must receive

Share of stock

• A unit of ownership in a corporation

• A business that is owned exclusively by one person

• The costs associated with beginning a business

• A name, symbol, or special mark used to identify a business or brand of product

Trademark

• A business owned by two or more people

• A name, symbol, or special mark used to identify a business or brand of a product

• A form of IP law that protects original works of authorship, including literary, dramatic, musical, and artistic works

• Weekly or monthly payments made by the local owner to the franchise company

Partnership

• A business owned by two or more people

• A business that is owned exclusively by one person

• The costs associated with beginning a business

• A unit of ownership in a corporation