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Buying Into Or Offering Franchising Opportunities?
Traditional franchising is an established business technique that brings together the owner of a branded product with another. Here's the nuts-and-bolts of it: A franchisor provides a trademark or trade name, and a business arrangement; a franchisee pays a royalty, and often an initial fee for the right to do business under the franchisor's name and system. The contract binding the two parties is the franchise.
After the downturn in the Internet-advertising market, Internet merchants developed the pay-for-performance e-commerce sector. It worked this way:
- Internet merchants paid a commission to affiliates who directed people to their Web sites.
- More sophisticated affiliate programs were set up as revenue-sharing arrangements.
- The terms and conditions for these programs began to mimic franchise agreements.
Consider the following perspectives. As an affiliate for an online casino, some franchise agreements allow the franchisee to earn 33% to 50% of the value that Internet gamblers lose to the online casino. Affiliates for a home mortgagor earn $30 to $90 per referral under some agreements. But risk shadows reward ' that is, franchisees are then liable for the performance of services they promote.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
When Is a Repair Structural or Nonstructural Under a Commercial Lease?
A common question that commercial landlords and tenants face is which of them is responsible for a repair to the subject premises. These disputes often center on whether the repair is "structural" or "nonstructural."