Midwest Auto Experts, Inc. sells franchises to prospective businesspersons who want to use the Midwest Auto Experts name and offer its products. In a franchise arrangement, Midwest Auto Experts would be the ________, and the buyer of the franchise is the ________.
A. owner; limited partner
B. co-signer; co-signee
C. franchisor; franchisee
D. franchisee; franchisor
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A ________ is an organization that is owned and controlled by the people who use it-producers, consumers, and workers with similar needs pool their resources for mutual gain.
A. corporation
B. limited partnership
C. mutual fund
D. cooperative
Foreign investment in U.S. companies continues to be strong. When Belgian-based In-Bev purchased the largest beer company in the U.S., Anheuser-Busch, this action constituted a(n) ________ with a negotiated selling price of $52 billion.
A. merger
B. aggregate
C. acquisition
D. unequivocal buy-in
A person who buys the right to use a business name and sell a product within a given territory is called a
A. stockholder.
B. franchisee.
C. limited franchisor.
D. venture capitalist.
An attempt by employees, management, or a group of investors to purchase an organization primarily through borrowing is called a(n)
A. golden parachute.
B. arbitrage agreement.
C. factor transaction.
D. leveraged buyout.