Franchise Legal Definition

legal definition
(Legal Definitions) The Commonwealth of Massachusetts has adopted a comprehensive system of laws and regulations governing real estate brokerage and agency, including the relationships between brokers/salespersons and home sellers and buyers.
(Legal Definitions) A motorcycle is broadly defined by law in some countries for the purposes of registration, taxation or licensing riders as a two-wheel motor vehicle fit to drive. Other countries distinguish between mopeds and other small bikes and the larger, more powerful vehicles.
Franchising is a contract or agreement, express or implied, oral or written, between two or more persons by which:

franchise
A business or service given such authorization to operate
grant a franchise to
a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote)
An authorization given by a league to own a sports team
An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products
an authorization to sell a company's goods or services in a particular place