Question

as the sonic brand grew, troy smith formed a business relationship with charlie pappe. this form of business ownership was a
multiple choice
limited partnership agreement.
general partnership.
master limited partnership.
franchise.
limited liability company.

Explanation:

A franchise is a business relationship where one party (the franchisor, here Sonic) allows another party (the franchisee, like Charlie Pappe if this was a franchising scenario - assuming Sonic's growth involved franchising model) to use its brand, business model, etc. Limited partnership, general partnership, master limited partnership, and limited liability company are different legal business structures (partnerships involve shared ownership and profit - sharing in specific ways, LLC has limited liability for owners but is a different entity structure than franchising).

Answer:

franchise.