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LSDefine

Simple English definitions for legal terms

corporate franchise

Read a random definition: res sanctae

A quick definition of corporate franchise:

A corporate franchise is a permission given by the government to a company to operate a specific business or exercise certain powers. It is like a special key that allows a company to do something that others cannot. For example, a public utility company may have a franchise to use certain property for a public purpose but for private profit. A franchise can also refer to the right given by a trademark owner to a person or entity to sell goods or services in a certain area. It is like a special permission to use a brand name.

A more thorough explanation:

A corporate franchise is a type of franchise that is granted by the government to a corporation, giving them the right to engage in a specific business or exercise corporate powers. It is also known as a general franchise.

For example, a government may grant a franchise to a public utility company, allowing them to use public property for private profit. Another example is a commercial franchise, where a corporation contracts with third parties to operate a facility that offers a particular brand of goods or services.

Overall, a corporate franchise is a legal agreement that allows a corporation to operate a business in a specific area or industry, with certain rights and responsibilities.

corporate entity | corporate immunity

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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