Jim's Bike Shop sells bicycles for the serious racer to the casual cyclist. Jim's also sells biking gear and clothing. Jim is the sole owner of the store, so in terms of ownership, his store would be classified as a(n):

Jim's Bike Shop sells bicycles for the serious racer to the casual cyclist. Jim's also sells biking gear and clothing. Jim is the sole owner of the store, so in terms of ownership, his store would be classified as a(n):


a. independent retailer.
b. freestanding store.
c. franchise.
d. chain store.
e. common retailer.


ANSWER: a


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