A franchise generally expires after a few years,whereas a license is designed to last into perpetuity.

Question

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Licensing enables a company to receive a royalty or fee in exchange for the right to use its trademark, patent, trade secret, or other valuable item of intellectual property. Franchising contracts generally include a broader range of factors in an operation and have a longer time period during which the agreement is in effect.

A Franchise Generally Expires After a Few Years,whereas a License