Franchising is a licensing agreement under which the franchisor grants the franchisee
Franchising is a licensing agreement, under which the franchisor grants the franchisee the right to sell or use the former"s product, service or method in return for a royalty from the latter.()
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It should ____ that franchising is one of the means available for getting investment money without giving up control of the chain operation and building a distribution system for servicing it.