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Explain the Four Basic Types of Franchises in Brief

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Explain the four basic types of franchises in brief.


Definitions:

Wall Thickness

The measurement of the distance between the inner and outer surfaces of a wall.

Nominal Pipe Thread

A standard for threading where the pipe diameter is not the exact diameter but follows a standardized naming convention.

National Pipe Thread

A U.S. standard for tapered threads used on threaded pipes and pipe fittings, designed to create a tight seal.

Inside Diameter

The distance across the innermost part of a cylinder or tube, often measured to ensure the correct sizing for fittings or materials passing through.

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