The Difference Between a Franchise Contract and a Licensing Contract

question 93

Multiple Choice

The difference between a franchise contract and a licensing contract is that a

• A) franchise contract is more specific and usually longer in duration.
• B) franchise contract must include a foreign government.
• C) licensing contract covers more aspects of operations.
• D) franchise contract involves less control and less risk.

Recognize the importance of planning and structuring meetings effectively.

Understand how technology can impact the efficiency of virtual meetings.

Appreciate the role of effective communication in enhancing employee morale and synergy post-merger.

Know the advantages and downsides of different types of meetings.

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Definitions:

Negligence Per Se

The legal doctrine where an act is considered negligent because it violates a statute or regulation.

Assumption of Risk

A legal principle that a person may not recover for injuries received from a dangerous activity if they voluntarily exposed themselves to the danger with full knowledge of the risks involved.

Contributory Negligence

A legal doctrine where if the plaintiff in a negligence case is also found to be at fault to any degree, they cannot recover damages from the defendant.

Comparative Negligence

A legal doctrine that reduces the amount of damages a plaintiff can recover in a negligence-based claim, based upon the degree to which the plaintiff's own negligence contributed to the harm.