Examlex
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Bakery Franchise
A business system where individuals or entities purchase the rights to open and operate a bakery store under a larger company's brand and operational model.
Exclusive Territory Rights
The privilege granted to an entity allowing it to operate or sell within a specific geographic area without competition.
Overlapped Franchise Areas
Regions where the territories or markets of two or more franchise operations intersect or coincide, potentially leading to competition between them.
Termination of the Franchise Agreement
The legal ending of the contract between a franchisor and franchisee, which may occur for various reasons, including breach of contract or mutual agreement.
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