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According to the Text,what Is the Term Used When a Company

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According to the text,what is the term used when a company has exclusive control over a particular product or service such as having exclusive control of news print media for an entire province?


Definitions:

Professional Baseball

A sport involving teams that play baseball at the highest skill level for monetary compensation, often within an organized league structure.

Franchises

Business models where a franchisor licenses trademarks and methods to a franchisee in exchange for a recurring payment and possibly a percentage of gross sales or profits.

Categories

Categories represent classifications or groups of items that share common characteristics or attributes.

Certificate of Authority

An official document issued by regulatory authorities granting permission for a company to do business in a particular jurisdiction.

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