Question.2654 - Imagine that you own a restaurant here in Kuwait with a complete business model a famous name, and an outstanding quality of food with a fabulous seating atmosphere. A guy from Oman called Saeed visits the restaurant. He likes the taste of the food and the atmosphere of the place; Saeed asks you (the business owner) if you would like to allow him to open the same restaurant in Oman as a franchise of your business. Saeed asks you to write a contract for him to sign the contract. What term would you like to write in the contract: mention not less than 15 terms of the contract and explain why you added these terms: Assignment format:1. -no cover page2. -your name, ID number, and the section should appear in the top left header of the page.3. word count 1000 words4. Chicago referencing (use footnote) for referencing (if needed)5. font: use (times new roman) font size 12 for the text in the main document (body) and size 10 for the footnotes6. space: single space7. submission through Turnitin.8. use standard page margins of 1' inch on all sides
Answer Below:
Franchise xxxxxxxxxxxxx Franchise xxxxxxxxx the xxxx Agreement xxxx is xxxx and xxxxxxx into xx date xxx quot xxxxxxxxx Date xxxx by xxx between xxxxxxxxxx s xxxx a xxxxx country xxxxxxxxxxx with xxx principal xxxxx of xxxxxxxx at xxxxxxx the xxxx Franchisor xxxx and xxxxxxxxxx s xxxx a xxxxx country xxxxxxxxxxx with xxx principal xxxxx of xxxxxxxx at xxxxxxx the xxxx Franchisee xxxx Grant xx Rights xxx Franchisor xxxxxx the xxxxxxxxxx the xxxxx to xxxxxxx a xxxxxxxxx of xxx Franchisor x restaurant xx Oman xxxxxxx to xxx terms xxx conditions xx this xxxxxxxxx This xxxxx that xxx Franchisee xxxx have xxx right xx use xxx Franchisor x name xxxxxxxxxx and xxxxxxxx model xx operate x restaurant xx Oman xxx Franchisor xxxx provide xxx Franchisee xxxx a xxxxxxx to xxx its xxxxxxxxxxxx property xxxxxxxxx its xxxx trademarks xxx trade xxxxx The xxxxxxxxxx will xx required xx operate xxx franchise xx accordance xxxx the xxxxxxxxxx s xxxxxxxxx and xxxxxxxxxx as xxx forth xx the xxxxxxxxxx manual xxxx The xxxxxxx term xx this xxxxxxxxx shall xx for xxxxxx of xxxxx years xxxx the xxxxxx to xxxxx for xx additional xxxxxx -year xxxx This xxxxx that xxx Franchisee xxxx have xxx right xx operate xxx franchise xxx a xxxxxx of xxxxxx of xxxxx years xxxx the xxxxxx to xxxxx for xx additional xxxxx term xx both xxxxxxx agree xxx Franchisee xxxx have xxx right xx terminate xxx Agreement xx any xxxx subject xx the xxxxx and xxxxxxxxxx of xxx Agreement xxx Franchisor xxx terminate xxx Agreement xx the xxxxxxxxxx breaches xxx of xxx terms xxx conditions xx the xxxxxxxxx Territory xxx Franchisee xxxxx have xxx exclusive xxxxx to xxxxxxx the xxxxxxxxx in xxxx This xxxxx that xxx Franchisee xxxx be xxx only xxx authorized xx operate xxx franchise xx Oman xxx Franchisor xxxx not xxxx any xxxxxxxxx franchises xx Oman xxxxxx the xxxx of xxxx Agreement xxx Franchisee xxxx be xxxxxxxx to xxxxxx with xxx applicable xxxx and xxxxxxxxxxx in xxxx including xxxxx related xx food xxxxxx health xxx labor xxxxxxxxx Fee xxx Franchisee xxxxx pay x one-time xxxxxxxxx fee xx the xxxxxx in xxx to xxx Franchisor xxxx execution xx this xxxxxxxxx This xxx covers xxx cost xx initial xxxxxxxx site xxxxxxxxx and xxxxx support xxxxxxxx provided xx the xxxxxxxxxx The xxxxxxxxxx will xxxx be xxxxxxxxxxx for xxx costs xxxxxxxxxx with xxxxxxx and xxxxxxxxx the xxxxxxxxx including xxx cost xx equipment xxxxxxxxx and xxxxxxxx The xxxxxxxxxx may xx required xx pay xxxxxxxxxx fees xx the xxxxxxxxxx for xxxxxxx support xxxxxxxx such xx marketing xxx advertising xxxxxxxxx The xxxxxxxxxx shall xxx a xxxxxxx fee xx number xx gross xxxxx to xxx Franchisor xx a xxxxxxx basis xxxx fee xxxxxx ongoing xxxxxxx services xxxxxxxx by xxx Franchisor xxxxxxxxx marketing xxx advertising xxx Franchisee xxxx also xx responsible xxx any xxxxx associated xxxx the xxxxxxxxx of xxx franchise xxxxxxxxx rent xxxxxxxxx and xxxxxxxx salaries xxx Franchisee xxxx be xxxxxxxx to xxxxxxxx accurate xxxxxxx of xxx sales xxx pay xxx royalties xx a xxxxxx manner xxxxxxxxxxx Fund xxx Franchisee xxxxx contribute xxxxxx of xxxxx sales xx the xxxxxxxxxx s xxxxxxxxxxx fund xx a xxxxxxx basis xxxx fund xx used xx promote xxx franchise xxxxxx as x whole xxx Franchisee xxxx not xx required xx contribute xx any xxxxx advertising xx marketing xxxxxxx unless xxxxxxxxx agreed xxxx in xxxxxxx by xxx Franchisee xxx Franchisor xxxxxxxx The xxxxxxxxxx shall xxxxxx and xxxxxxxx a xxxxxxxx program xxxxxxxx by xxx Franchisor xxxxx to xxxxxxx the xxxxxxxxx The xxxxxxxx program xxxxxx all xxxxxxx of xxxxxxxxx the xxxxxxxxx including xxxx preparation xxxxxxxx service xxx marketing xxx Franchisee xxxx be xxxxxxxxxxx for xxx costs xxxxxxxxxx with xxxxxxxxx the xxxxxxxx program xxxxxxxxx travel xxx lodging xxxxxxxx Operations xxxxxx The xxxxxxxxxx shall xxxxxxx the xxxxxxxxx in xxxxxxxxxx with xxx Franchisor x operations xxxxxx The xxxxxxxxxx manual xxxxxxxx the xxxxxxxxx and xxxxxxxxxx for xxxxxxxxx the xxxxxxxxx including xxxxxxx equipment xxxxxxxxxxxxxx and xxxxxxxx service xxxxxxxxxx The xxxxxxxxxx will xx required xx maintain xxxxxxxx records xx all xxxxxxxxxx and xxxxxx with xxx standards xxx procedures xxx forth xx the xxxxxxxxxx manual xxxxxxxx and xxxxxxxx The xxxxxxxxxx shall xxxx offer xxxxxxxx and xxxxxxxx approved xx the xxxxxxxxxx The xxxxxxxxxx reserves xxx right xx modify xxx menu xxx product xxxxxxxxx from xxxx to xxxx The xxxxxxxxxx will xx required xx maintain xxx quality xxx consistency xx all xxxxxxxx and xxxxxxxx offered xx the xxxxxxxxx Intellectual xxxxxxxx The xxxxxxxxxx acknowledges xxxx the xxxxxxxxxx owns xxx intellectual xxxxxxxx associated xxxx the xxxxxxxxx including xxx name xxxxxxxxxx and xxxxx dress xxx Franchisee xxxxx not xxx any xx the xxxxxxxxxx s xxxxxxxxxxxx property xxxxxxx the xxxxxxxxxx s xxxxx written xxxxxxx The xxxxxxxxxx shall xxx register xxx trademarks xx trade xxxxx that xxx the xxxx or xxxxxxx to xxx Franchisor x intellectual xxxxxxxx Confidentiality xxx Franchisee xxxxx maintain xxx confidentiality xx all xxxxxxxxxxxx information xxx trade xxxxxxx of xxx Franchisor xxx Franchisee xxxxx not xxxxxxxx any xxxxxxxxxxxx information xx trade xxxxxxx to xxx third xxxxx except xx necessary xx operate xxx franchise xx accordance xxxx the xxxxx of xxxx Agreement xxxxxxxxxxxxxxx The xxxxxxxxxx shall xxxxxxxxx and xxxx harmless xxx Franchisor xxxx any xxx all xxxxxx damages xx expenses xxxxxxx from xxx operation xx the xxxxxxxxx including xxx claims xxxxxxx to xxxxxxxx injury xxxxxxxx damage xx product xxxxxxxxx The xxxxxxxxxx shall xxxxxxxx adequate xxxxxxxxx coverage xx cover xxx potential xxxxxx Governing xxx This xxxxxxxxx shall xx governed xx and xxxxxxxxx in xxxxxxxxxx with xxx laws xx state xxxxxxx Any xxxxxxxx arising xxxxx this xxxxxxxxx shall xx resolved xx accordance xxxx the xxxxxxx resolution xxxxxxxxxx set xxxxx in xxxx Agreement xxxxxxxx The xxxxxxxxxx may xxxx the xxxxx to xxxxxxxx the xxxxxxxxx to x third xxxxx subject xx the xxxxxxxxxx s xxxxxxxx The xxxxxxxxxx may xx required xx pay x transfer xxx and xxxxxxx training xxx support xx the xxx franchisee xxxxxx Agreement xxxx Agreement xxxxxxxxxxx the xxxxxx agreement xxxxxxx the xxxxxxx and xxxxxxxxxx all xxxxx negotiations xxxxxxxxxxxxxx and xxxxxxxxxx between xxx parties xxxxxxx oral xx written xxxx Agreement xxx not xx amended xx modified xxxxxx in xxxxxxx signed xx both xxxxxxx Execution xxxx Agreement xxx be xxxxxxxx in xxxxxxxxxxxx each xx which xxxxx be xxxxxx an xxxxxxxx but xxx of xxxxx together xxxxx constitute xxx and xxx same xxxxxxxxxx This xxxxxxxxx may xx executed xxxxxxxxxxxxxx or xx facsimile xxxxxxxxx IN xxxxxxx WHEREOF xxx parties xxxx executed xxxx Agreement xx of xxx date xxxxx above xxxxxxx Franchisor x name xx Name xxxxx Franchisee x name xx Name xxxxxMore Articles From Management
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