Examlex
Explain why companies may want to reacquire their own shares?
Franchisee
An individual or company that holds the rights to operate a business or sell goods or services under the trademark and systems of a franchise brand.
Exclusive Territory
A designated area or market where a franchisee is granted exclusive rights to operate, preventing competition within the franchise system.
Controversy
A prolonged public disagreement or heated discussion, often involving differing opinions on a particular matter.
Franchising
A method of conducting business where a franchisor licenses trademarks and proven methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage of gross sales or gross profits.
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