# Franchise

- Canonical URL: https://www.gerhardmerk.de/franchise
- Post ID: 589865
- Modified: 2023-07-25T21:01:36+00:00
- Language: en

## Definition

Trifle clause (trifle = here: a matter, event, or circumstance of minor, unimportant, trivial importance or significance) in insurance contracts, including credit insurance. According to this clause, the insurance does not kick in until a certain amount of loss (de minimis limit) has been exceeded. Smaller losses are to be borne by the customer himself because of the relatively high cost of settlement under the insurance. - Contract according to which someone may use the brand name of a contractual partner within certain limits (a business model whereby a company [the franchisor] provides to an individual or a company [the franchisee] the right to use its brand, to sell its products, in a certain geographical area and for a certain period of time, in return for a royalty, a portion of which is usually indexed on the turnover achieved). - See Offer Limit. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1