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State Statute
Legislation enacted by a state legislature or established by a state court.
Earnings Claims
Statements made by a company or franchise about the potential or actual financial performance of a business opportunity.
Reasonable Basis
A standard of evidence that suggests a belief or action is supported by a fair amount of facts or logical assumptions, often used in legal and regulatory contexts.
Franchisor
The original business or company that grants the license to third-party operators to conduct business under its name and system.
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