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 mortgage lawsuits come from three sources, of which the smallest by far is the pre-crisis Bank of America franchise at under $10 billion in claims, according to Institutional Risk Analytics.

按揭方面的诉讼主要有三个来源，根据“机构风险分析”，其中至今最小的一个是危机前的美国银行100亿美元的诉讼赔偿。

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Risk Reduction - Because the franchisees are investing their own money in the franchise business, they take up the risk.

降低风险——由于特许经销商在特许经营企业中投入自己的资金，他们替你承担了风险。

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If franchisees refuse to participate when price promotions are mandatory as per their franchise agreement, they could lose their franchise or risk being sued by the franchisor for breach of contract, says Zarco.

WSJ: Can They Really Make Money Off the Dollar Menu?

What the Department for Transport appears to have got chronically wrong in the case of the West Coast Main Line franchise is its assessment of the risk that attaches to projections by bidders of revenues in the latter years of the 15-year franchise.

BBC: What derailed the Transport Department

By going upscale Schwab faces a huge risk to the franchise he created.

FORBES: Charles Schwab, Version 4.0