Franchise agreements frequently contain an arbitration provision under which a neutral party is to make a final and binding determination whether there has been a breach of the contract sufficient to justify cancellation of the franchise.
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Q18: Partnership agreements allow individuals to conduct their
Q19: Most courts hold that joint ventures are
Q20: The process of incorporation involves the expenditure
Q21: A franchisee cannot be a corporation.
Q22: An owner's death would have no effect
Q24: Most courts hold that joint ventures operate
Q25: In a joint venture, the parties: _.
A)
Q26: A(n) _ allows the owners to be
Q27: A major disadvantage of the sole proprietorship
Q28: Freedom from liability to third persons dealing
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