Question

joey has opened a restaurant. he paid a large amount of money up front to get the business started. he only sells products that are licensed by someone else. what type of business opportunity is joey a part of?

dealership
network marketing
franchise
licensing

Explanation:

In a franchise, a person (franchisee) pays an upfront fee to use the business model, brand, and products of another (franchisor). Joey paid upfront and sells franchisor - owned products, matching the franchise model. Dealerships focus on selling specific products (like cars) from a manufacturer. Network marketing involves direct selling with a multi - level structure. Licensing is about allowing use of intellectual property, not a business model with product selling restrictions as here.

Answer:

B. franchise