Small business administration

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Reference no: EM133213317

1. An acquisition occurs when one company purchases another company by buying most of its stock.

A. True

B. False

2. Which of the following statements is true of franchisees?

A. They do not face any restrictions on purchasing.

B. They receive a monthly or annual fee from the franchisers.

C. They have access to standardized quality of goods and services.

D. None of the above

3. _____ is a volunteer agency funded by the Small Business Administration to provide advice for owners of small firms.

A. Local Chambers of Commerce

B. Small Business Development Centers

C. Service Corps of Retired Executives

D. Small Business Institutes

Reference no: EM133213317

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