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Franchise agreement

   Also found in: Wikipedia 0.07 sec.
Franchise agreement
Contract by which a domestic company (franchisor) licenses its trade name and/or business system and practices for a fee to an independent company (franchisee) in a foreign market.


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A franchise agreement with Universal Waste Systems Inc.
According to a legal bulletin from the Environmental Industry Association, Douglas County, Nevada, had a franchise agreement with Douglas Disposal Inc.
According to a legal bulletin from the Environmental Industry Association (EIA), Douglas County, Nevada, had a franchise agreement with Douglas Disposal Inc.
 
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