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LSDefine

Simple English definitions for legal terms

exclusive franchise

Read a random definition: Private necessity

A quick definition of exclusive franchise:

An exclusive franchise is when one person (the franchisee) is given the right to sell a product or service in a certain area, and no one else can sell that same product or service in that area. It's like having a special permission to be the only one who can sell something in a certain place. This is different from a regular franchise where multiple people can sell the same product or service in different areas.

A more thorough explanation:

An exclusive franchise is a type of business agreement where a company grants a person or group the right to sell its products or services in a specific area. This means that no other person or group can sell the same products or services in that area.

For example, McDonald's grants an exclusive franchise to a person or group to operate a McDonald's restaurant in a specific location. This means that no other person or group can open a McDonald's restaurant in that same location.

This type of agreement can be beneficial for both the franchisor and the franchisee. The franchisor can expand its business without having to invest in new locations, while the franchisee can benefit from the established brand and business model of the franchisor.

exclusive economic zone | exclusive sale

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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