QUESTION $12$

Jon P$.$ Farmer is the founder of Kolopua Hawaii LLC$,$ a company that markets Pure Hawaiian Air. Bottles of Pure Hawaiian Air contain air that smells like the floral bouquet that greets tourists as they get off the plane in Hawaii. Retailing for about $$5$ apiece, the bottles are sold at gift shops in Hawaii, as well as to travel agents nationwide who give them to clients. As a$($n$)$ Farmer's annual income exceeds $$100,000$ annually.

a$.$ entrepreneur

b$.$ franchisee

c$.$ franchisor

d$.$ venture capitalist