Which type of business allows for exclusive rights to sell products?

The correct choice is due to the nature of franchising, which allows individuals or businesses to operate under the established brand and business model of another company. In a franchise agreement, the franchisor grants the franchisee exclusive rights to sell the franchisor's products or services in a specified territory. This exclusivity is a key feature of franchises, as it helps franchisees to operate with a competitive advantage since they are the only ones in that area authorized to sell those specific goods or services.

Franchises not only provide a recognizable brand name that can attract customers but also offer support in operations, marketing, and training, making it an appealing option for many entrepreneurs. This model contrasts with other business structures, where exclusivity is not typically a defining feature. In partnerships or cooperatives, for example, members may share profits and responsibilities without the concept of exclusive rights tied to a brand or product. Similarly, while corporations can have products protected through patents or trademarks, they do not inherently grant exclusive selling rights to individuals in the same way that franchises do.