Extension The term of a Franchise Agreement is extended under section 4 of the Code, where it is extended, other than because of an option exercisable by the Franchisee during the term of the Agreement. In other words, an Extension is done at the behest of the Franchisor Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its bran…Franchising
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In a franchise a trademark and the methods of a business can be used by a franchisee for a percentage of the monthly sales and a royalty fee. The franchisee has the right to use the techniques, trademarks and distribute products for a set time according to a mutual agreement. Extending the franchi
New questions in History
What did the delegates at the Constitutional Convention fail to accomplish? A. They didn't create the executive branch. B. They didn't try to please …
Definition of franchise
b : a team and its operating organization having such membership He's the best player in the history of the franchise.
Did you know?
Franchise was voted into early 14th-century English as both a noun and verb.
Examples of franchise in a Sentence
Noun She was granted an exclusive franchise in the city's west end. They just opened a new fast-food franchise down the street.
Legal Definition of franchise
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