Question

Match List I with List II.

List I	List II
A. Proprietary statements	I. Legal rules followed in operation of business
B. Franchising	II. Type of relationship
C. Contract explanation	III. Use of name
D. Operation manual	IV. Gives exclusive rights of local distribution to independent retailers

Choose the correct answer from the options Choose the correct answer from the options given below:

• A. A-IV, B-III, C-II, D-I
• B. A-III, B-IV, C-I, D-II
• C. A-II, B-IV, C-I, D-III

Hint:

Understand the nature of each concept to correctly match them with their characteristics.

Answer 1

The Correct Option is A

- Proprietary statements (A) are related to the legal rules followed in business operation (I).
- Franchising (B) involves the type of relationship (III).
- Contract explanation (C) relates to the use of name (II).
- Operation manual (D) provides the exclusive rights to independent retailers (IV).