Definition:A continuing relationship in which a franchisor provides a licensed
privilege to the franchisee to do business and offers assistance in
organizing, training, merchandising, marketing and managing in
return for a monetary consideration. Franchising is a form of
business by which the owner (franchisor) of a product, service or
method obtains distribution through affiliated dealers
Definition:A regulatory document describing a franchise opportunity that
prospective franchisees have to receive before they pay any money,
sign any papers or, in some cases, even meet with the franchisor
No automaker, including Tesla, currently offers a fully self-driving car, although most major manufacturers and suppliers are working furiously on different technology suites to enable vehicles to drive themselves.
Weak September core retail sales, which strip out auto and gasoline sales, provide a window into the pain the holders of mall debt face in coming months as retailers with a physical presence keep discounting to stave off lagging sales.
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