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Every franchise contains a license. Many licenses, on the other hand, are really disguised, illegal franchises. It doesn't matter what terms are used to define the relationship. What is critical are the presence of certain key elements that will define the relationship.

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13y ago
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11y ago

A patent is a temporary monopoly given to an inventor by the government. A franchise may include the licensing of one of more patents.

Say you invent a new Golf club. You may license others to produce it, and they would be said to have franchise.

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Q: Difference between licensing and franchising
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