International Journal of Academic Research in Business and Social Sciences

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Obligations Arising from the Conclusion of the Franchise Contract

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This study discusses the obligations arising from the conclusion of the franchise contract. It is important because it deals with a topic that has attracted the attention of international legislators, especially because it imposes obligations on its parties. The objective of this study is to identify the obligations that result from concluding a franchise contract, whether those on the franchisor or the licensee, or those mutual obligations on both of them. The franchise contract is one of the new contracts that has been widely used in many countries of the world. The researcher concludes that the conclusion of the franchise contract imposes a set of obligations on its parties. The study concludes with a set of recommendations, the most important of which is that the parties of the franchise contract shall clarify the nature and conditions of the franchise system under the contract, so that consequent problems can be avoided during the implementation stages.
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In-Text Citation: (Abdulqawi et al., 2022)
To Cite this Article: Abdulqawi, M. A. O., Yaacob, A. C., & Shehab, A. (2022). Obligations Arising from the Conclusion of the Franchise Contract. International Journal of Academic Research in Business and Social Sciences, 12(4), 765–772.