Examlex
Which of the following phenomena appears as a ring of light encircling the sun or moon?
Franchisee
An individual or entity that purchases the right to operate a business under the franchisor's brand name and business model.
Franchisor
A business entity that grants the right to an individual or group to carry out commercial activities using its brand and model.
Potential Liability
The possibility of incurring legal obligations or debts in the future as a result of current actions, decisions, or circumstances.
Degree of Control
The extent of influence or authority an entity has over its operations, processes, or decisions.
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