franchise

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franchise,

in government, a right specifically conferred on a group or individual by a government, especially the privilege conferred by a municipality on a corporation of operating public utilities, such as electricity, telephone, and bus services. Franchises may not be revoked without the consent of the grantee unless so stipulated in the contract. They may, however, be forfeited by the grantee's violation of terms, and the government may take back granted rights by eminent domain proceedings with tender of just compensation. Franchise provisions usually include tenure; compensation to the grantor; the services, rates, and extensions; labor and strike regulations; capitalization; and reversion to the grantor.

The term franchise also refers to a type of business in which a group or individual receives a license from a corporation to conduct a commercial enterprise. Corporate franchises enable a franchisee to market a well-known product or service in return for an initial fee and a percentage of gross receipts. The franchiser usually provides assistance with merchandising and advertising. Major franchise networks, which have grown rapidly in the United States since the 1960s, include fast-food restaurants, gasoline stations, motels, automobile dealerships, and real-estate agencies, and the system has expanded into many other fields.

In politics, the franchise is the right conferred on an individual to vote. In the United States, the states, with some restrictions by the U.S. Constitution, govern the qualifications of voters. By the Fourteenth and Fifteenth amendments, states were forbidden to deny suffrage to male residents over 21 years of age "on account of race, color, or previous condition of servitude." The Nineteenth Amendment conferred suffrage upon women, and the Twenty-sixth Amendment lowered the voting age to 18. See votingvoting,
method of registering collective approval or disapproval of a person or a proposal. The term generally refers to the process by which citizens choose candidates for public office or decide political questions submitted to them.
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Bibliography

See C. Williamson, American Suffrage from Property to Democracy, 1760–1860 (1960, repr. 1968); C. L. Vaughn, Franchising (1974).

franchise

1. the right to vote, esp for representatives in a legislative body; suffrage
2. any exemption, privilege, or right granted to an individual or group by a public authority, such as the right to use public property for a business
3. Commerce authorization granted by a manufacturing enterprise to a distributor to market the manufacturer's products
4. the full rights of citizenship
5. Films a film that is or has the potential to be part of a series and lends itself to merchandising
References in periodicals archive ?
The proposed franchise agreements would have a term with a minimum of five years and a maximum of 10 with the potential to renew for up to 20.
In instances where franchise agreements do recognize the rights of an independent franchisee association or advisory council, and what impact or role they might play in system change or changes to the franchise agreement, that recognition is typically the result of prior litigation in the system and a negotiated settlement.
Given the scarcity of usable franchise agreement data on the SEC, ktMINE developed custom technology and algorithms to seek out franchise agreements across a wider array of public sources.
Maintain requirements for public, educational and governmental access channels, which are now part of franchise agreements.
Indeed, the way the franchise agreements are run now, many government entities that enter into franchise agreements could be considered anti-environmental.
For recyclers of traditional materials, the concept of franchise agreements is not as large a concern as it may be for companies involved in the construction and demolition industry.
The city of New York has five such PEG channels for its own use, pursuant to its franchise agreement with Time Warner.
The franchise agreement doesn't measure up to the Franchisee Bill of Rights, a code of ethical business conduct developed by the American Association of Franchisees and Dealers (AAFD).
She said, "local governments, as owners of the public right-of-way, customarily have exercised control over the use of that right-of-way through franchise agreements.
The 10 questions most asked by corporate lawyers with respect to franchise agreements in 2011 and how to help their clients avoid any pitfalls that could leave them trapped with an unsuccessful franchise
SANTA CLARITA - The City Council has hired a consulting firm to help it craft a new trash franchise agreement that could be worth $135 million over 10 years.