Unformatted text preview: interest. Restraint of trade – a limitation on the full exercise of doing business with others. Monopoly power- a situation in which one or more people or firms control the market in a particular areae or for a particular product. Sherman antitrust act- a federal statute that forbids certain agreements that tend to unreasonably inhibit competition, fix prices allocate territories, or limit production. . Franchisor – the parent firm in a franchise agreement. Franchisee-the independent company in a franchise agreement....
View Full Document
This note was uploaded on 09/14/2011 for the course BUSI 2301 taught by Professor Jefferyhirt during the Spring '11 term at Lone Star College System.
- Spring '11
- Business Law