Final answer:A franchise involves granting the right to operate a business using an established brand, while a partnership is a form of business ownership where two or more individuals share resources and responsibilities.Explanation:Afranchiseis a type of business arrangement where the franchisee (an individual or entity) is granted the right to operate a business using the brand, systems, and support of the franchisor (the owner of the brand). The franchisee pays a fee or royalty to the franchisor in exchange for the use of their brand and ongoing support.Apartnership, on the other hand, is a legal form of business ownership where two or more individuals share resources, responsibilities, and profits. Partnerships can be general partnerships, where all partners have equal sharing of profits and liabilities, or limited partnerships, where there are general partners with unlimited liability and limited partners who invest but have limited liability.In summary, a franchise is a business arrangement where a person or entity franchises the right to operate a business using an established brand, while a partnership is a legal form of business ownership where two or more individuals share resources and responsibilities.Learn more about Franchise vs Partnership here:brainly.com/question/31951443#SPJ2...

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