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Figure 3-2
-In Figure 3-2, a point such as A
Franchise Costs
Expenses incurred by a franchisee for acquiring the rights to operate a franchised business, including initial fees and ongoing royalties.
Patent Infringement Suit
A legal case brought by a patent holder against another party accused of using, making, or selling a patented invention without permission.
Residual Value
The estimated value that an asset will have at the end of its useful life.
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