Explain in Brief the Four Basic Types of Franchises

question 46

Essay

Explain in brief the four basic types of franchises.

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Definitions:

Affixed

Attached or secured to something in a permanent or semi-permanent way.

Material Injury

Harm or damage that is significant and not minor, affecting the value, usefulness, or normal function of something.

Gift Causa Mortis

A gift causa mortis is a gift made by someone in contemplation of imminent death, which becomes fully effective only upon the death of the giver.

Imminent Death

A situation where death is expected to occur in the very near future.