Rights & Duties of a Franchisor in a Franchise Agreement
A franchise agreement is an agreement entered into by a franchisor and a franchisee in order to operate a franchise unit.
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When a franchisor and a franchisee are entering into an agreement over a franchise unit, they do so by signing a franchise agreement. A franchise agreement is an agreement entered into by a franchisor and a franchisee in order to operate a franchise unit. This agreement specifies all the essential aspects of the franchise transaction like the location, operations, duration, fee, royalties etc.
