If a federal or state government grants a firm or person a license to conduct a specific business,then such a firm or person may be known as a:

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A government-granted franchise refers to a license or permit issued to an individual or firm by the government, enabling them to conduct a specific business. Private franchisee refers to an individual or firm that has a license to conduct a business, but the license is granted by a private organization or company. Reentry permit and work permit, on the other hand, refer to immigration-related permits and are not relevant in this context.

If a Federal or State Government Grants a Firm or Person