Corporations that operate a hotel without capital outlay in exchange for a percentage of gross sales are known as A. Franchises B. Leasing Companies C. Management Companies D. Vacation brokers

Respuesta :

Answer:

The correct answer is letter "C": Management Companies.

Explanation:

Management Companies are third parties in charge of handling businesses' activities and funds expecting a fee in return that is usually a proportion of the funds being managed or a percentage of the income generated. Management Companies pool a wide variety of professionals such as managers, accountants, and economists among others.