Assertion: franchise | /r/HasProperty | the trademark
Facets:
value: in basic terms
type: MANNER
Source sentences:
text: In basic terms, a franchise is a license, or permission to use the name and products of an existing business, as well as the trademark.
text: A Franchise is a trademarked business formula owned by a company (Franchisor) and is available to individuals to purchase the rights to operate a small business (Franchisee) for a set period of time.