Examlex
Which term is used to describe behaviors such as riding around in cars for fun, going to parties, visiting friends informally, and going out with friends?
Limited Liability
A legal status where a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership.
Franchising Agreement
A legal contract between a franchisor and franchisee, outlining the rights, responsibilities, and terms for operating a franchise.
Franchisor
A company or individual that grants the right to operate a business under their brand and system to a franchisee.
Name Recognition
Name recognition refers to the public's ability to recall and recognize a brand or company by its name, indicating a level of familiarity or prestige in the market.
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