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1. What is a franchise?
An agreement under which a franchisee licenses a franchisor to operate a developed method of doing business that is identifiably associated with the franchisee.
An agreement under which a franchisor licenses a franchisee to operate a developed method of doing business that is identifiably associated with the franchisor.
An agreement under which a franchisor sells a franchisee the rights to own and operate a developed method of doing business.
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