In General Obtaining Finance Is Easier If the Franchising Organisation

question 17

True/False

In general obtaining finance is easier if the franchising organisation is registered in South Africa with the Franchising Association of South Africa.

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Definitions:

Satisfaction

Fulfillment of an obligation or claim, often referring to the payment of a debt or completion of a contractual performance.

Contract

A legally binding agreement between two or more parties, defining and governing the rights and duties of those parties.

Discharged by Accord

The resolution of a contractual obligation through an agreement where the parties agree to new terms.

Raphael

Raphael is a renowned Italian painter and architect of the High Renaissance, celebrated for his achievements in painting and his significant influence on the development of Western art.