Examlex
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Ongoing Payments
Recurring payments that are made on a regular basis for a service or product.
Royalty Fee
A payment made by one party (the licensee) to another (the licensor) for the ongoing use of an asset, typically intellectual property.
Gross Sales
The total sales revenue of a business before any deductions are made for returns, allowances, or discounts.
Franchise Agreement
A legal contract in which a franchisor grants the franchisee the rights to operate a business under the franchisor's brand and system for a specified period.
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Q43: Exploratory research collects quantitative data to answer