Archive for January 27th, 2010

Legalese Dictionary: Franchising

What is a franchise?

While for most ordinary citizens the word “franchise” conjures up images of McDonalds or PizzaPizza, not many people can clearly define what a franchise is.
When used in the commercial sense, “franchise” refers to the sole right granted by the owner of a trademark or tradename to engage in business or to sell [...]

 

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