What Is the Definition of Franchise Law?
Franchise law governs franchise connections, which include legally binding franchise agreements. These agreements define obligations, rights, and crucial aspects like intellectual property utilisation, providing a clear framework for both parties in the franchising industry.
The Franchising Code of Conduct lays out the expectations for transparency and fairness. The Australian Consumer Law also provides resolutions for franchise issues that may arise between the business transaction’s two parties.
The Franchising Code of Conduct lays out the expectations for transparency and fairness. The Australian Consumer Law also provides resolutions for franchise issues that may arise between the business transaction’s two parties.