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Explain the difference between the "fair rules" and the "fair results" guidelines for competitive market fairness.
Social Class
A division of a society based on social and economic status, which impacts individuals' lives, opportunities, and interactions.
Lifestyle
A person's way of living as indicated by their activities, interests, behaviors, and attitudes, often reflecting their values and income.
Franchisor
An individual or company that grants the license to a third party for the conducting of a business under the franchisor's marks and system.
Quality Standards
Criteria established by regulatory agencies or industry groups to ensure products and services meet specific performance requirements.
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