Which of the following words is closest in meaning to “Franchise”?

Franchise means a licence or right granted to do something.

• Correct answer - licence: it has the same meaning as Franchise.
• subway: an underground railway or passage - wrong, it does not mean the same as Franchise.
• kiosk: a small open booth for selling things - wrong, it does not mean the same as Franchise.
• reason: a cause or explanation - wrong, it does not mean the same as Franchise.