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ARTICLE · 25 JUNE 2024

Franchise Agreements And Agreement Examples

Franchising agreements constitute a preferred business relationship in many sectors such as food and beverage, education, petroleum, tourism and logistics.

TurkeyCorporate/Commercial Law
Solmaz Law & Consultancy
Solmaz Law & Consultancy
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Franchising agreements constitute a preferred business relationship in many sectors such as food and beverage, education, petroleum, tourism and logistics. Franchising agreements are framework agreements and may require the conclusion of more than one agreement between the franchisor and the franchisee, which give rise to mutual rights and obligations. In franchising agreements, the franchisor grants a kind of commercial privilege to the franchisee in return for a fee. This privilege includes the use of intellectual rights such as trademarks, patents, licenses, know-how, which are included in the franchisor's well-known business. Since the franchisee pays for this privilege, the franchisor thus generates income. The franchisee, on the other hand, does not have to establish a brand new business, but is included in an "established order", so to speak, and is involved in commercial life with less risk thanks to the reputation and trust created by the franchisor in the

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