Examlex
Other things held constant,a decline in sales accompanied by an increase in financial leverage must result in a lower profit margin.
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 action of bringing something to an end, such as a contract, employment, or an agreement.
Franchise Agreement
A Franchise Agreement is a legal contract between a franchisor and franchisee, detailing the rights and obligations of each party in the franchise relationship.
UCC and Contract Law
Reference to the Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, and the broader area of law dealing with agreements between parties.
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