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James Ryan has been a Budweiser Beer distributor for the past 20 years. James owns a ________ franchise.

Sagot :

Answer:

product and trademark

Explanation:

These are the options for the question

business format

product and business format

product plus

business design

product and trademark

product and trademark

Product franchise can be regarded as franchising agreement in which manufacturers give a retailers access to distribute the products of the manufacturer using the trademark as well as names of the manufacturer. It is right given to to market a product using another person trade mark.

For, instance in the case whereby James Ryan has been a Budweiser Beer distributor for the past 20 years. Then James owns a product and trademark

franchise.

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