Examlex
Which of the following is not true?
Necessary Ingredient
An essential component or element required for a particular process, action, or outcome to occur.
Franchise Agreement
A contract whereby a company (the franchisor) grants permission (a license) to another entity (the franchisee) to use the franchisor’s name, trademark, or copyright in the operation of a business and associated sale of goods in return for payment.
Termination
The act of ending something, such as employment or a contract, often following a specific procedure or due to certain conditions being met.
Uniform Franchise Termination Act
A legal statute that standardizes the process and conditions under which a franchise relationship can be terminated.
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