Assertion: franchise | /r/HasProperty | the agreement
Facets:
value: between two legally independent parties
type: OTHER
Source sentences:
text: A franchise is the agreement or license between two legally independent parties which gives a person or group of people (franchisee) the right to market a product or service using the trademark or trade name of another business (franchisor).
text: A FRANCHISE is the agreement or licence between two legally independent parties which gives a person (franchisee) the right to trade in a designated area under the trademark of franchisor.