Who at Afuri Ramen Dumpling's home office can bind or obligate the company in writing?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
IF YOU ARE A CORPORATION, LIMITED LIABILITY COMPANY OR OTHER ENTITY: THIS AGREEMENT MUST BE SIGNED BY A COMPANY OFFICER OR OWNER AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. ADDITIONALLY, THE AGREEMENT MUST BE SIGNED BY ALL OFFICERS AND OWNERS OF
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
According to the 2024 FDD, the person who can bind or obligate Afuri Ramen Dumpling in writing is indicated in the signature section of the franchise agreement. Specifically, the document states that the agreement should be signed by an authorized company officer or owner.
For a prospective Afuri Ramen Dumpling franchisee, this means that any legally binding agreements with the franchisor must be executed by an individual with the authority to represent and commit the company. This ensures that the franchisee has recourse to the full legal backing of Afuri Ramen Dumpling for the terms outlined in the agreement.
It is important for franchisees to verify the signatory's authority within Afuri Ramen Dumpling to ensure the agreement is valid and enforceable. This is a standard practice in franchising to protect both the franchisor and franchisee by ensuring that commitments are made by authorized representatives.