Trademarks and business formulas


Jay wants to start a new business. With which of the following methods of starting a new business will he pay a share of the income from the business in return for the use of such things as trademarks and business formulas?

a) Venture capitalism

b) Franchising

c) Buying an existing business whose purchase price includes goodwill

d) Starting a new business with loans from the SBA

e) Industrial revenue sharing

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Business Management: Trademarks and business formulas
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