Term
| International Franchise Association |
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Definition
| Organization that regulates the franchise industry |
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Term
| Franchise Disclosure Document |
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| Legal document that includes detailed information that a franchise must know before purchasing a franchise |
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| Fee royalty payment that franchises must continually pay the franchiser to keep operating the franchise |
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| Money and other assets owned by a business or person. |
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| Person who owns the business and is personally responsible for its debits.Sp |
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| Is needed to officially register in a business |
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| Relationship between two or more people who join to create a business. |
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| Where there is one managing partner and at least one limited partner. |
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| Invests the money, but is not involved in the business' daily operations or management. |
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| Artificial being, invisible,intangible, and existing only in contemplation of the law (Corporate US supreme court) |
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| Agreement in some jurisdictions |
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| A written grant by a country's charter |
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| The goods or merchandise in a stock |
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| A privately held company or close corporation |
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| An entity created by the state to the public corp |
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| Are an alternative to S cooperation |
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| Sub chapter S corporation |
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Definition
| Limited liability of a corporate shareholderS |
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Definition
| Organized to meet specific tax exempt purposes non |
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