Matching
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a. | franchise | b. | franchisor | c. | franchisee | d. | business format franchise | e. | dealership relationship franchise | f. | franchise fee | g. | royalty fee | h. | encroachment | | |
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1.
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fee
paid by a franchisee for the rights to represent the franchisor in a given geographic area for a
specified length of time, commonly five to ten years
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2.
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ongoing
obligation to pay the franchisor a percentage of the gross sales
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3.
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the
firm that sells the rights to do business under its name and continues to control the
business
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4.
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the
individual operator who is licensed to operate under the franchisor’s rules and
directives
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5.
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also
called licensing or associate relationship, a type of franchise in which the franchisee buys the
right to distribute a franchisor’s product or service
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6.
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a type
of franchise in which the product, method of distribution, and sales and management procedures
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7.
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authorization granted by a manufacturer or distributor to sell its products or
services
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8.
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situation in which franchisors compete with franchisees by putting an outlet nearby or
setting up alternative distribution channels such as mail order or the Internet
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