What law governs the Afuri Ramen Dumpling agreement?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
overage, or otherwise, it is agreed that the provision will nevertheless be binding to the full scope or limit allowed by law or by a court of law.
IN WITNESS, the parties have executed this Agreement on the date written above.
AFURI FRANCHISE INC. You (joint and severally): Acknowledged by Franchisee::
Exhibit K to Afuri Franchise Disclosure Document
[Reserved for future use]
Exhibit L to Afuri Franchise Disclosure Document
FRANCHISE AGREEMENT AND FRANCHISE DISCLOSURE DOCUMENT STATE LAW ADDENDUM
California
The registration of this franchise offering by the California Department of Financial Protection and Innovation does not constitute approval, recommendation, or endorsement by the commissioner.
THE CALIFORNIA FRANCHISE INVESTMENT LAW REQUIRES THAT A COPY OF ALL PROPOSED AGREEMENTS RELATING TO THE SALE OF THE FRANCHISE BE DELIVERED TOGETHER WITH THE DISCLOSURE DOCUMENT.
Our website address is www.AFURI.us (which provides a link to franchise information found at https://www.afuriramenanddumpling.com/franchise).**OUR WEBSITE HAS NOT BEEN REVIEWED OR APPROVED BY THE CALIFORNIA DEPARTMENT OF FINANCIAL PROTECTION AND INNOVATION.
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
The Afuri Ramen Dumpling 2024 Franchise Disclosure Document includes a state law addendum that addresses how the franchise agreement interacts with specific state laws. For example, the addendum for California states that the registration of the franchise offering by the California Department of Financial Protection and Innovation does not constitute approval, recommendation, or endorsement by the commissioner. It also notes that California law requires that a copy of all proposed agreements relating to the sale of the franchise be delivered together with the disclosure document.
This addendum also provides contact information for the California Department of Financial Protection and Innovation, should a franchisee have any complaints about the website content. Additionally, the document states that other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans.
Prospective Afuri Ramen Dumpling franchisees should carefully review the state-specific addendum (Exhibit L) applicable to their state of operation to understand any additional legal requirements or disclosures. This ensures compliance with local regulations and a clear understanding of their rights and obligations under both the franchise agreement and state law.