
Essentials of Business Law 7th Edition by Anthony Liuzzo
Edition 7ISBN: 978-1121749979
Essentials of Business Law 7th Edition by Anthony Liuzzo
Edition 7ISBN: 978-1121749979 Exercise 6
Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column.
a. champerty
b. exculpatory clause
c. franchisor
d. gambling agreement
e. government-granted franchise
f. interest
g. monopoly power
h. restraint of trade
i. unlicensed transaction
j. usury
A legal monopoly granted to a firm or person to conduct a specific business such as a railroad or electric company.
a. champerty
b. exculpatory clause
c. franchisor
d. gambling agreement
e. government-granted franchise
f. interest
g. monopoly power
h. restraint of trade
i. unlicensed transaction
j. usury
A legal monopoly granted to a firm or person to conduct a specific business such as a railroad or electric company.
Explanation
Government-granted Franchise:
A governm...
Essentials of Business Law 7th Edition by Anthony Liuzzo
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