Examlex
The feeling of exaltation that a person has when hearing a choir sing is characterized as a religious
Franchisor
A company that grants the license to an individual or group to carry out and operate a business under its brand and trademark.
License
A legal permission granted by a competent authority allowing a party to engage in a particular activity or to use a specific piece of intellectual property.
Market
A place or mechanism where buyers and sellers interact to trade goods, services, or securities, determining prices through supply and demand.
Franchisee
An individual or company that is granted the right by a franchisor to operate a business under the franchisor's trademark and business model.
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