For Advanced Mobile Iv And Amiv, what is acknowledged regarding advice from advisors?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
Except as outlined in Item 19 of our Franchise Disclosure Document, we expressly disclaim the making of, and you acknowledge that you have not received or relied upon, any representation, warranty, or guarantee, express or implied, concerning the potential revenues, cost savings, volume, profits, or success of the business venture contemplated by this Agreement. You acknowledge that neither we, nor any of our officers, directors, shareholders, employees, agents or servants, made any other representation about the business contemplated by this Agreement or that are not expressly set forth in this Agreement or our Franchise Disclosure Document to induce you to accept this Franchise and execute this Agreement. Any oral representations made by our representatives to you, whether or not set forth in earlier versions of our standard form franchise agreement, have either been ratified by us by including the representations in this document or have been disavowed by excluding them from this Agreement.
F. Your Location and Market Area. You acknowledge that we will not provide or designate locations for you. You have investigated the potential of the market area in which you are to establish and operate your franchise business and the laws and applicable regulations. You agree and represent
Source: Item 23 — RECEIPTS (FDD pages 54–202)
What This Means (2023 FDD)
According to the 2023 Franchise Disclosure Document, Advanced Mobile Iv And Amiv acknowledges that prospective franchisees should not rely on any representations, warranties, or guarantees, whether express or implied, regarding the potential revenues, cost savings, volume, profits, or success of the business venture, unless these are explicitly outlined in Item 19 of the FDD or within the franchise agreement itself. This disclaimer extends to any representations made by Advanced Mobile Iv And Amiv's officers, directors, shareholders, employees, agents, or servants.
Advanced Mobile Iv And Amiv emphasizes that any oral representations made by their representatives, whether or not they appeared in earlier versions of the standard franchise agreement, are either ratified by inclusion in the current documents or disavowed by their exclusion. This statement aims to ensure that franchisees base their decisions on the formal documentation provided, rather than on informal discussions or preliminary materials.
Furthermore, Advanced Mobile Iv And Amiv acknowledges that it will not provide or designate locations for the franchisee. The franchisee is responsible for investigating the potential of their chosen market area, including understanding the relevant laws and regulations. The franchisee's agreement that the market area is reasonable, the Franchise Territory will be suitable for the operation of a Advanced Mobile IV franchise, and the Initial Franchise Fee represents fair consideration for the opportunity to establish and operate a Advanced Mobile IV franchise.