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All parts of culture do not change at the same pace. Sociologist William Ogburn referred to this disparity as __________, which is the gap between the technical development of a society and the development of its moral and legal institutions.
Franchisor
One licensing another (the franchisee) to use the owner’s trademark, trade name, or copyright in the selling of goods or services.
Prospective Franchisees
Individuals or entities considering the acquisition of franchise rights to operate a business under the franchisor's brand and system.
State Approval
Formal consent given by a governmental entity authorizing an action, policy, or regulation to take effect.
Sole Proprietorship
A type of business structure where a single individual owns, manages, and is responsible for all aspects of the business, including debts.
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