Franchising agreements are legal contracts that allow one party (the franchisee) to operate a business using the trademark, trade name, and business model of another party (the franchisor). These agreements often stipulate the rights and responsibilities of both parties, including fees, marketing strategies, and territorial restrictions. The relationship is inherently tied to the territorial nature of trademark rights, as franchisors typically grant rights to specific geographic areas, ensuring that franchisees can operate without interference from other franchisees or the franchisor in those designated locations.
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