If an energy company struck oil, or an entertainment firm created a new movie franchise, investors would pour money into its stock, but the price would remain tethered to reality.

如果一家能源公司采出石油，或者一家娱乐公司获得了一部新电影的特许经营权，投资者应该向他们的股票注入资金，而价格则保持与实际相一致。

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The chocolatier and multinational food company said it would acquire, at an undisclosed price, all shares of the group that controls the Jenny Craig franchise in Australia and New Zealand.

这家巧克力大亨和跨国食品公司表示，将以未透露的价格购买该公司控制在澳大利亚和新西兰的珍妮·克雷格公司专营权的所有股份。

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The insurance company insures this risk with 5% franchise.

保险公司保这种险有百分之五的免赔额。

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The company required franchise owners, who paid it royalties on their sales, to buy their supplies from a Quiznos subsidiary, which became a sore point early on.

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Assuming the current franchise to company-owned mix remains at 80%, that would mean 5, 600 new franchise restaurants and 1, 400 new company owned restaurants by 2019.

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But many contracts require conflicts to be arbitrated in the franchise company's home state, a cost-sink for an out-of-town franchisee.

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