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What is the difference between franchise and franchise?

➤⠀franchise represents a type of contract encountered in the field of property law.

Through this, a person (called franchisor) grants to another person (called beneficiary) the right to exploit an industrial or intellectual property, for the purpose of producing or marketing goods and/or services.

➤⠀franchise represents a clause in an insurance contract by which the insured undertakes to bear a certain amount in the event of a loss.

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