A(n) __________ is where a business owner sells to another person the right to operate the same business in another location, under the original owner's business name and guidance.

A) outsourcing alliance
B) franchise
C) professional partnership
D) distribution alliance
E) supplier alliance

Franchise

When one business owner sells to another the right to operate the same business in another location, using its name and operating methods.

Business Owner

A business owner is an individual who owns and oversees the operation of a company, making key decisions and assuming the risks associated with the business.

Original Owner

The individual or entity that first held ownership or possession of an asset, property, or business before any transfers or sales.