What is the main benefit of a franchise arrangement, Operation Management

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What is the main benefit of a franchise arrangement

1. What is the main benefit of a franchise arrangement?

2. What is the difference between a general partnership and a limited partnership?

3. What are some the common provisions in a partnership agreement?

4. What is an act that is ultra vires?

5. Distinguish between a foreign and domestic corporation.

6. What is the offer and acceptance theory with regard to corporate liability?

7. Distinguish between straight voting and cumulative voting when voting for directors.

8. What is a shareholder's preemptive right, and how can they be limited?

9. Describe the advantages of an LLC over a general partnership, limited?

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