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14 June, 03:30

A contractual arrangement in which one entity grants the purchaser the exclusive right to use the trade name, formulas, and product rights within a specific geographic area for a specific period of time is called a

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  1. 14 June, 03:45
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    franchise

    Explanation:

    franchise is a business opportunity that allows the franchisee to start a business by legally using someone else's (the franchisor's) expertise, ideas, and processes.
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