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A franchise agreement is a legally binding contract between a franchisor and a franchisee, outlining the terms under which the franchisee may operate a business

A joint venture (JV) is a strategic alliance where two or more parties collaborate for a specific business purpose, sharing resources, risks, and rewards. The

A hire-purchase agreement is a contract where the owner of goods lets them on hire to another party (the hirer) with an option to purchase.