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ABC Inc., franchisor, entered into a franchise agreement with DEF Inc., franchisee, on July 1, 2020. The total franchise fee agreed upon is 550,000 of

ABC Inc., franchisor, entered into a franchise agreement with DEF Inc., franchisee, on July 1, 2020. The total franchise fee agreed upon is 550,000 of which 50,000 is payable upon signing and the bala...

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