Examlex
A useful tool for summarizing a large set of data is a _____.
Franchisor
A business entity that grants another party the right to operate a business using its trademark, products, and business model.
Prospective Franchisee
An individual or entity considering the acquisition of a franchise license to operate a franchised business.
Reasonable Basis
Reasonable basis is a standard in law and finance that suggests a belief or action is supportable based on the facts and evidence available at the time, implying due diligence was exercised.
Limited Legal Liability
A legal status in which an individual's financial responsibility for a business's debts or obligations is restricted to a predetermined amount, usually limited to their investment.
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