A
franchise agreement is a contract in which the owner of franchise business
(franchisor) grants a license to a business operator (franchisee), which allows
the franchisee to run a business under franchisor's name.
Franchise termination is termination of a
franchise business license by a franchisor or
a franchisee.
The franchise contract can be terminated in the following
ways:
§ Terminate the franchise agreement on mutual terms.
§ Terminated by franchise agreement: some franchise agreements
do provide the franchisee with an option to terminate.
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