The two distinctly different types of franchise systems are the product trademark and business format. Option E is correct.
A franchise (or franchising) is a method of distributing goods or services that involves a franchisor, who creates the brand's trademark or trade name as well as a business system, and a franchisee, who pays a royalty and, in many cases, an initial fee for the right to do business under the franchisor's name and system.
The franchisor provides the franchisee with a format for working or starting the business in the business format. They train employees in branding, advertising, and marketing for the outlet. The product trademark and business format are two distinct types of franchise systems.
Therefore, option E is correct.
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