Law of Contracts

  WHAT IS LICENSING AGREEMENT? A licensing agreement is a full or partial transfer of an intellectual and industrial right for a fee. Licensing agreements, which do not have a legal definition and regulation, fall into the category of unnamed agreement due to these characteristics. Although they are an unnamed agreements, licensing agreements, which have […]

FRANCHISING What is Franchising?  Franchising is the granting of the franchisee of a brand to independent investors, in return for a certain financial cost, by providing support for the management and execution of the business under certain conditions. Franchise literally means “concession.” Franchising is a business model where a company (the franchisor) grants the right […]