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On July 1, 2011, ABC, a franchisor, entered into a franchise agreement with FEE, a franchisee. The total franchise fees agreed upon is P2,100,000 of

On July 1, 2011, ABC, a franchisor, entered into a franchise agreement with FEE, a franchisee. The total franchise fees agreed upon is P2,100,000 of which P100,000 is payable upon signing and the bala...

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