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 ?
We just advise our franchisor clients to do their due diligence and screen the potential multiple unit franchisees and their locations to ensure that the units will be successful.
The danger of the maturity stage is that the franchisee may feel that it is no longer receiving continuing value from the franchisor.
Such changes are vital to increasing franchisee profitability, but they can only be developed If the franchisor has access to Information from each franchisee and the ability to implement new systems across an entire franchise network.
Despite the new law's protection for franchisors in Texas, it is uncertain how the exception--in this case, the type of control exerted by a franchisor that is not customarily exercised to protect a franchisor's trademark and brand--will be interpreted.
A franchisor like McDonalds may demand you [franchisee] to close all your existing brands that conflict with McDonalds in order to legally franchise McDonalds to Cambodia and that is absolutely a difficult choice when you have been already been running many brands.
A good franchisor should provide a realistic assessment of the competition.
Problem: Franchisor B has a lack of local visibility on Internet search engines that allows obscure, mom-and-pop shops to enjoy revenue opportunities meant for your local franchisees.
Whether the franchisor rewards franchisees who use specified suppliers.
The franchisor must address the location and market territory for the franchise and make it clear whether it is granting protection.
Beyond this, if the franchisor promulgates a national image via advertising or other promotional activities, people may come to believe that the franchisor is involved in the operations of franchisees, particularly if the advertising does not distinguish between franchisor-owned outlets and franchisees (cf.
ii) that is substantially associated with a trademark, service mark, trade name, logotype or advertising of the franchisor or its associate or designating the franchisor or its associate; and